Michael Polanyi is most famous for his work in chemistry and the philosophy of science, but in the 1930s and 1940s he made an important contribution to economics.
First published in 1982, The Liberation of Capital develops a challenging and critical confrontation of orthodox and Marxist theories of capital with the unifying concept of 'free capital' - human creativity and intellectually-derived productivity.
Recently, students and scholars have expressed dissatisfaction with the current state of economics and have called for the reintroduction of historical perspectives into economic thinking.
According to the standard position of the economic mainstream, the efficient production of so-called public goods, including law and defense, requires the use of territorial monopolies of coercive force.
How the kibbutz movement thrived despite its inherent economic contradictions and why it eventually declinedThe kibbutz is a social experiment in collective living that challenges traditional economic theory.
Our socio-economic innovation ecosystem is riddled with ever-increasing complexity, as we are faced with more frequent and intense shocks, such as COVID-19.
Die Offenlegung von sensiblen, betriebsinternen Kosteninformationen in zwischenbetrieblichen Kooperationen birgt ein typisches Controlling-Problem, auch wenn in einem untypischen Anwendungsfall, in sich.
The term 'Middle-Income Trap' refers to countries which stagnate economically after reaching a certain level of per capita income on the basis of labour- and capital-intensive growth, and are struggling to transition towards more skill-intensive and technology-driven development.
Funded by the tobacco and fossil fuel industries, the Mises- and Hayek-inspired 'free' market has adopted 'The Slogan of Liberty' - but should their faith-based assertions be accorded the same epistemological status as a science?
Political Economy as Theodicy: Progress, Suffering and Denial proposes that political economics operates within a theological symbolic order that dictates modern sociopolitical and economic life as a whole.
In this landmark volume, Samuel Hollander presents a fresh and compelling history of moral philosophy from Locke to John Stuart Mill, showing that a 'moral sense' can actually be considered compatible with utilitarianism.
This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the price-profit-wage rate system.
The Routledge Companion to Social and Political Philosophy, Second Edition, is a comprehensive, definitive reference work, providing an up-to-date survey of the field, charting its history and key figures and movements, and addressing enduring questions as well as contemporary research.
The dominant economic explanations of the 20th century are not comprehensive enough to describe the complexity of economy and society and their reliance on the biosphere.
Drawing on recent work in the contemporary philosophy of economics, this book presents new ideas on liberalism, including the concept of 'growth-oriented liberalism'.
Starting with a major survey of the economics of sport, this volume involves primarily a comparison of the European and American models of sport, how to restructure leagues to make them more competitive, the analysis of gate-sharing mechanisms, the economic impact of promotion and relegation and a comparison of broadcasting regimes.
'Social innovation' can be simply defined as the new ideas and initiatives that make it possible to meet our society's challenges in areas such as the environment, education, employment, culture, health and economic development.
Africa welcomes business investment and offers some of the world's highest returns and impactsAfrica has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns.
The new EU Cohesion Policy is one of the largest integrated development policies in the Western world, and one of the largest of such programmes anywhere in the world.