Zero-sum thinking and economic policy

2018 ◽  
Vol 41 ◽  
Author(s):  
Paul H. Rubin
Keyword(s):  
Economic Policy ◽  
Economic Regulation ◽  
Short Term ◽  
The Core ◽  
The World ◽  
Main Tenet ◽  
Zero Sum ◽  
Economic Thinking

AbstractA main tenet of folk economics is the assumption that the world is zero-sum. Many implications stem from this assumption. These include: beliefs regarding taxation; beliefs regarding economic regulation; beliefs regarding inequality; and the core of Marxist economics. Zero-sum folk economic thinking is short-term and deals with distribution; standard economic thinking deals with the size of the pie and is longer-term.

The Paradox of Christian Epicureanism in Dialogue

2015 ◽  
Vol 35 (2) ◽  
pp. 113-136
Author(s):  
Reinier Leushuis
Keyword(s):  
Moral Philosophy ◽  
Ancient Philosophy ◽  
Renaissance Humanism ◽  
The Core ◽  
Christian Humanism ◽  
The World ◽  
Northern Renaissance ◽  
Main Tenet ◽  
The Individual

In light of the troubled reputation of Epicureanism in Northern Renaissance humanism, Erasmus’ reception of this major school of ancient philosophy in works such as On Disdaining the World (De contemptu mundi), the Praise of Folly (Moriae encomium), and in particular his very last colloquy The Epicurean (Epicureus) is unique for exploring the potential compatibility of Epicurean ethics with Christian humanism and Erasmian Philosophia Christi. However, as one of the speakers in The Epicurean exclaims, given Epicureanism’s main tenet of pleasure as the greatest good, its association with a pious life free of sin is “a paradox topping all the paradoxes of the Stoics”. This article argues that in The Epicurean Erasmus associates the paradoxical nature of Christian Epicureanism with the Stoic strategy of expressing moral philosophy in perplexing paradoxes in order to exploit the capacity of the dialogue, in particular its ludic potential, to rearticulate the duality of paradox in opposing dialogical voices. Erasmus’ mimetic colloquy allows the individual reader to deconstruct and reprocess paradoxical wisdom at an inner level in order to persuasively integrate a mentality of pleasure (based on the tenets of Epicureanism) at the core of a pious life (based on the tenets of Philosophia Christi).

International Programs and Possibilities

2020 ◽  
pp. 171-186
Keyword(s):  
Quality Of Life ◽  
Health Insurance ◽  
International Programs ◽  
Ethical Practice ◽  
Short Term ◽  
Corporate Behavior ◽  
The Core ◽  
The World ◽  
Supplier Networks

Leaders are responsible for allocating and managing resources for agility and absorption. The orange world may mean short-term careers, but short-term projects, with key leaders as the core of the organization who remain for long periods. In the blue world are global influencers. Capitalism is leading growth, and employees have everything they need to develop innovation, health insurance, and technology. In this blue world, leading and seeing people is the most important asset. The corporation will develop corporate cultures that empower the workforce and quality of life for employees. The green companies develop a powerful and influential social conscience and sense of responsibility. Often consumers will demand this by lobbying for a change in corporate behavior. Green companies develop strong controls over their supplier networks and demand ethical practice from all vendors in their supply chains. With the world becoming more complex and turbulent, now more than ever we must look at how we frame and reframe our organizations to fit the future. This chapter explores international programs and possibilities.

‘Organic Finance’: The Incentives in Our Investment Products

2018 ◽  
Author(s):  
Ashby H.B Monk ◽  
Rajiv Sharma
Keyword(s):  
Paradigm Shift ◽  
Research Programme ◽  
Short Term ◽  
Relational Dynamics ◽  
The Core ◽  
Financial Products ◽  
The World ◽  
Over Time

The increasing complexity and de-localization of finance has allowed for an obfuscation of fees, costs, and expenses, leading to distortion in the underlying incentives that are being created. This distortion is driving an increasingly short-term and disconnected financial world. Here it is argued that the world of finance and investment needs to better understand the underlying ingredients of financial products, in particular the fees and costs of intermediated products. At the core of the arguments is a more professional and engaged community of asset owners that can understand the ingredients in all the financial products being consumed. This paradigm shift, termed ‘organic finance’, requires a research programme that examines the relational dynamics between financial products, intermediaries, and asset-owner investors using methodologies that go beyond those within pure economics. Economic geographers are enlisted to new studies of these important actors and agents, and how their interactions will play out over time.

The Study on Problems and Strategies for Low-Carbon Industry Development

2012 ◽  
Vol 524-527 ◽  
pp. 3719-3722
Author(s):  
Chun Yan Chen ◽  
Jin Lv
Keyword(s):  
Economic Development ◽  
Global Warming ◽  
Structural Optimization ◽  
Low Carbon ◽  
Short Term ◽  
Low Carbon Economy ◽  
Existing Problems ◽  
The Core ◽  
The World ◽  
Carbon Economy

Under the background of dealing with global warming, low-carbon economy has been chosen by countries in the world seeking for the balance between economic development and environmental protection, and low-carbon industry has become the foundation for development in low-carbon economy. This paper puts forward corresponding solutions to existing problems which covers structural optimization of low-carbon industry difficult to achieve in a short term, the shortage of the core technologies, financing difficulties, and ineffective co-operation of government and enterprises.

scholarly journals Economic policy and security of Australia in the short term until 2025

2015 ◽  
pp. 137-147
Author(s):  
Mieczysław Sprengel
Keyword(s):  
Economic Policy ◽  
21St Century ◽  
International Institutions ◽  
Gdp Per Capita ◽  
Short Term ◽  
Economic Issues ◽  
The World ◽  
Per Capita ◽  
Economic Future

According to the predictions, the scale and rate of economic processes that are aboutto come in the next decades of the 21st century will be substantial. A further growth ofAustralia’s importance is to be expected in the long term. The whole region of Asia, including Australia, has become interesting for politicians, entrepreneurs and researchers.In the 21st century, Australia has grown to be a significant player in the global economicpolicy. It seems that the economic future of the world will depend on the developmentof the countries in Asia. The economic situation in Australia will arguably change assome countries in that region have reached a satisfactory level of production and sharein their developed economy. Economic presumptions delineate an optimistic view ofthe income’s growth in the next decade in Australia. The statistics published by reliableboth national and international institutions are helpful in unraveling economic issues,which allow to portray the bright future of Australia until 2025. It seems that the regionaleconomic development will lead to a significant economic revival. The following issuesconcerning the economic policy and its results have been chosen in order to conductan analysis: GDP per capita, economic growth, demography, the input of nations andregions in the world’s production and the contribution of Australia in the world’s trade.The substantial number of inhabitants (over a half of the globe’s population) in this region is at the same time a serious proportion of consumers. The ongoing transformationin the life of those countries is the effect of education, communication and technologydevelopment. Thereupon, due to the economic and social development of the region,Australia will become its beneficiary and solidify its economic position.

scholarly journals What can Learn the Economic Science and Economic Policy form the Global Economic Crisis Generated by the Pandemia?

2020 ◽  
Vol 18 (2) ◽  
pp. 9-18
Author(s):  
György Kocziszky
Keyword(s):  
Economic Policy ◽  
General Theory ◽  
Economic Crisis ◽  
Economic Science ◽  
Economic Crises ◽  
Short Term ◽  
Current Crisis ◽  
Policy Makers ◽  
Growth Trends ◽  
Economic Thinking

Mynard Keynes’s The General Theory of Employment, Interest and Money published in 1936, highlighted that the deep, global financial and economic crises have a profound effect on economic thinking and the economic policy-makers. The sage learns from this, and the fool recovers back to his previous flawed theories and practices. Today, it is also clear that the shocks that trigger these crises are living with us, breaking the growth trends of the economy from time to time, which raises again and again the question, what economics and economic policy practitioners have learned, and can learn from it, or the short-term economic policy interest overcomes the adjustments after the corrections? In his study, the author checks the effects of the recent global exogenous crisis caused by the pandemic and the desirable correction methods, without which the consequences of the current crisis may be protracted. Keywords: crisis, economic thinking, economic policy, pandemic, sustainability

Actual Problems of Economic Policy

2003 ◽  
pp. 23-38 ◽  
Author(s):  
M. Ershov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Foreign Exchange ◽  
World Economy ◽  
Domestic Economy ◽  
The World ◽  
Exchange Policy ◽  
Effective Integration

At present Russia faces the task of great importance - effective integration into the world economy. The success of this process largely depends on the strength of the domestic economy and stable economic growth. To attain such a goal certain changes in economic approaches are required which imply more active, focused and concerted steps in the monetary, fiscal and foreign exchange policy.

Between Modernization and Stagnation: Economic Policy in 2012

2013 ◽  
pp. 4-23 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Russian Economic Development ◽  
Structural Transformation ◽  
Economic Performance ◽  
Historical Analysis ◽  
Oil Boom ◽  
The World

The paper deals with the trends in the world and Russian economies towards development of a new post-crisis system, including technological and structural transformation. Three main scenarios of Russian economic development (conservative, innovation and acceleration) are discussed basing on historical analysis of Russian economic performance since 1970-s when oil boom started. On this basis key challenges of economic policy in 2013 are discussed.

Kazakhstan’s Economic Growth in the Context of the World Economy

2006 ◽  
pp. 133-146 ◽  
Author(s):  
K. Arystanbekov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
World Economy ◽  
World Ocean ◽  
Direct Access ◽  
Crude Petroleum ◽  
Nation States ◽  
The World ◽  
The Relationship

Kazakhstan’s economic policy results in 1995-2005 are considered in the article. In particular, the analysis of the relationship between economic growth and some indicators of nation states - population, territory, direct access to the World Ocean, and extraction of crude petroleum - is presented. Basic problems in the sphere of economic policy in Kazakhstan are formulated.

Upheaval in the distribution of power in the world economy: Problems and outlook of the world economy to 2050

2017 ◽  
pp. 114-127 ◽  
Author(s):  
V. Klinov
Keyword(s):  
Economic Policy ◽  
International Trade ◽  
World Economy ◽  
Emerging Market ◽  
Detailed Review ◽  
Depressed State ◽  
Industry Output ◽  
The World ◽  
Distribution Of Power ◽  
The Eu

Causes of upheaval in the distribution of power among large advanced and emerging market economies in the XXI century, especially in industry output and international trade, are a topic of the paper. Problems of employment, financialization and income distribution inequality as consequences of globalization are identified as the most important. Causes of the depressed state of the EU and the eurozone are presented in a detailed review. In this content, PwC forecast of changes in the world economy by 2050, to the author’s view, optimistically provides for wise and diligent economic policy.

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