This chapter discusses the evolution of German views on public debt 1850–1920, referring to three strands of secondary literature: (1) German retrospectives on public finance, (2…
Abstract
This chapter discusses the evolution of German views on public debt 1850–1920, referring to three strands of secondary literature: (1) German retrospectives on public finance, (2) the historical literature with a public choice perspective, and (3) contributions to public/constitutional law, mainly referring to Lorenz von Stein. The skeptic view of public debt endorsed by authors of the second half of the period is shown to be related to politico-economic issues of state agency combined with new state functions, rather than to the rejection of Dietzel’s Proto-Keynesian macroeconomic reasoning.
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The essay narrates and analyzes Eugen Dühring’s remotion, i.e. the taking away of his status as Privatdozent, and thereby of his right to teach at a university, by the Prussian…
Abstract
The essay narrates and analyzes Eugen Dühring’s remotion, i.e. the taking away of his status as Privatdozent, and thereby of his right to teach at a university, by the Prussian Minister of Culture in 1877. After sketching out the background of the University of Berlin, the institution of Privatdozent, and Dühring himself, first, Dühring’s 1875 clash with Adolph Wagner is described, which put him on “probation”. Then, the 1877 scandal is looked at in detail, and the accusations against Dühring by the Faculty of Philosophy – mainly libel and insult – checked against the facts. It is argued that, while there might have been a point in Dühring’s charge of plagiarism against the physicist Helmholtz regarding the first law of thermodynamics, Dühring was generally guilty as charged, and that his remotion was certainly legal. As far as the legitimacy of this harsh measure is concerned, the case is less clear, but in the end, it is claimed that the remotion was legitimate as well.
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Xuan Pham, Laura Fitzpatrick and Richard Wagner
The purpose of this paper is to examine why the gender pay gap (GPG) – with its significant social costs generated through disadvantaging half of the population – persists in the…
Abstract
Purpose
The purpose of this paper is to examine why the gender pay gap (GPG) – with its significant social costs generated through disadvantaging half of the population – persists in the USA despite decades-long efforts toward eradication.
Design/methodology/approach
A social provisioning approach, rooted in heterodox economics, is used to examine institutions that create and maintain the US GPG. The GPG is not a natural phenomenon, and, thus, must be examined within a specific social and historical context.
Findings
The analysis finds that the institutions of capitalism and patriarchy have created and perpetuated the GPG; however, mainstream economic theory does not consider these institutions and goes as far as explaining away the problem. Current US policies are formulated from this mainstream economic perspective, and, thus, are inherently flawed. The authors propose a reorientation toward a social provisioning theoretical perspective to analyze the GPG, which provides a more meaningful and practical foundation for policy formulation.
Originality/value
This paper provides a comprehensive examination of effective and ineffective theories and policies for addressing the GPG. Additionally, the authors provide concrete policy recommendations to eradicate the GPG.
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This bibliography is intended as a guide for librarians, scholars, students, and interested amateurs. It suggests what books or media would be an invaluable starting collection to…
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This bibliography is intended as a guide for librarians, scholars, students, and interested amateurs. It suggests what books or media would be an invaluable starting collection to understanding the Arthurian legend, which has been over a millennium in the making.
Living art organizations present a special interest in research stressing cognitive processes and development of intangible resources like knowledge and capabilities. In living…
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Living art organizations present a special interest in research stressing cognitive processes and development of intangible resources like knowledge and capabilities. In living art organizations, production processes like rehearsals and tunings whose goals are to develop both tacit and tangible capabilities are readily observable and have undeniable effects on performance quality, revenues, and costs. The observations of four opera houses support the conjecture that strategy and organizations could be preconditions for learning.
John Kenneth Galbraith’s social balance theory is an important theme in many of his books, particularly The Affluent Society, The New Industrial State, and Economics and the…
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John Kenneth Galbraith’s social balance theory is an important theme in many of his books, particularly The Affluent Society, The New Industrial State, and Economics and the Public Purpose. Galbraith’s social balance theory states that forces driving private consumption in an industrial society will outpace the development and provision of public goods and services with consequences on the well-being of society (Stanfield, 1996, p. 49). The theory leads to several questions: (1) What is the specific relationship between private and public goods and consumption? (2) What is optimized with social balancing? (3) Does the relationship between private and public goods change over time? and (4) How do we evaluate the types of public goods we need? This chapter explores these questions and examines the type of public goods we need today to serve our communities better. For example, police presence and activities in many minority communities are now viewed negatively, as evidenced by the “defund the police” movement. Conversely, some have advocated for greater public spending on community mental health programs and new initiatives to deal with racism in communities.
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Patrick Lo, Robert Sutherland, Wei-En Hsu and Russ Girsberger
Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely…
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Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely, innovative thought structures and attitudes have almost always forced economic institutions and modes of behaviour to adjust. We learn from the history of economic doctrines how a particular theory emerged and whether, and in which environment, it could take root. We can see how a school evolves out of a common methodological perception and similar techniques of analysis, and how it has to establish itself. The interaction between unresolved problems on the one hand, and the search for better solutions or explanations on the other, leads to a change in paradigma and to the formation of new lines of reasoning. As long as the real world is subject to progress and change scientific search for explanation must out of necessity continue.
The following is a complete list of World's Records as officially homologated by the Fédération Aéronautique Internationale up to December 31, 1929
The following is a complete list of World's Records as officially homologated by the Fédération Aéronautique Internationale up to June 30, 1929