Explore intertemporal equilibrium, an essential economic concept that analyzes how current and future decisions affect ...

Discover how demand-side economics supports economic growth through government intervention and increased aggregate demand.

This paper argues that the generally shared interpretation of what can be labelled 'Smithian Newtonianism' is spurious on two counts. I suggest not only that Smith was not a Newtonian in the sense ...

Many situations in economics are complicated and competitive. New research raises the question of whether many theories in economics may suffer from the very fundamental problem that the key ...

PROF. J. SCHUMPET, a instinguished German economist of the University of Bonn, contributed an intersting paper on “The Instability of our Economic System to the proceedings of Section F (Eeonomic ...