scholarly journals A socialist price system: answering the Austrians

2021 ◽  
Author(s):  
David McMullen
Keyword(s):  
Price System ◽  
Shaky Ground ◽  
Means Of Production

According to Austrian economists, even with everyone’s best efforts, a system based on social ownership of the means of production could not effectively deploy a decentralized price system. An examination of the key writings on the question by Mises, Hayek and Lavoie reveals that this view rests on very shaky ground.

Phase Model of Market Economy

2005 ◽  
pp. 41-47 ◽  
Author(s):  
N. Yegorenkov ◽  
E. Kazakova ◽  
M. Starodubtseva
Keyword(s):  
Market Economy ◽  
Consumer Goods ◽  
Imperfect Competition ◽  
Phase Model ◽  
Status Change ◽  
Means Of Production

The phase model of market economy is suggested in the article. It is formalized in the cubical equation The equation takes into account the imperfections of competition and the fact that consumer goods are produced with the help of means of production. Transitions from the imperfect competition to the perfect one and visa versa yield qualitative status change of market economy.

Legitimation of Private Property in the Means of Production in Ukraine

2020 ◽  
Vol 53 (3) ◽  
pp. 64-87
Author(s):  
Volodymyr Reznik ◽  
Oleksandr Reznik
Keyword(s):  
Private Property ◽  
Psychological Adaptation ◽  
Social Recognition ◽  
Private Enterprises ◽  
Private Land ◽  
National Academy Of Sciences ◽  
Theoretical Approaches ◽  
Basic Hypothesis ◽  
Ideological Attitudes ◽  
Means Of Production

This article explores the sources of legitimacy of private property in the means of production in Ukraine. The conceptualization of legitimacy of private property was made by analyzing theoretical approaches to the study of the foundations of private property relations in Western countries. The application of these approaches tests economic utilitarian, psychological, and sociocultural explanations of legitimacy of large and small private enterprises and private land in the process of activation of post-communist transition of Ukrainian society. The basic hypothesis was that the process of legitimation of private property in the means of production proceeds by uniting utilitarian and psychological adaptation with sociocultural agreement of ideological attitudes. This hypothesis was verified with the help of created legitimacy indices by comparison of linear regressions and data of the Institute of Sociology of the National Academy of Sciences (NAS) of Ukraine for 2013 and 2017. The results indicate that the hypothesis has been held true only concerning legitimacy of small private enterprises. They have acquired a moderate extent of legitimacy owing to the fact that besides the factors of adaptation, social recognition has increased at the expense of people who support the multiparty system and the liberal and mixed methods of regulation of the economy. In contrast, the existence of large private enterprises and private land has not acquired the corresponding sociocultural foundation.

The Efficiency of the Price System: Evidence from an Alternative Market

2003 ◽  
Author(s):  
Nan-Ting Chou ◽  
Ramon P. DeGennaro ◽  
Raymond D. Sauer
Keyword(s):  
Price System

On Shaky Ground? Exploring the Contingent Fundamentality Thesis

2018 ◽  
Author(s):  
Nathan Wildman
Keyword(s):  
Possible World ◽  
Starting Point ◽  
The Relationship ◽  
Shaky Ground

The relationship between fundamentality and modality remains criminally underexplored. In particular, there are several significant questions about fundamentality’s modal strength that remain unanswered. For example, if something is fundamental is it necessarily so? That is, could something be fundamental in one possible world and derivative in another? And how would the acceptance of contingent fundamentality square with commitments to contingentism (or, for that matter, necessitism) about the existence of the fundamentalia? Chapter 14 makes some headway towards addressing these questions. It does so by exploring the contingent fundamentality thesis, according to which it is possible that something is possibly fundamental and possibly derivative. In this way, the chapter represents a starting point for examining broader issues about the relationship between fundamentality and modality.

Research on imbalance between supply and demand in China's natural gas market under the double-track price system

Energy Policy ◽  
2021 ◽  
Vol 155 ◽  
pp. 112380
Author(s):  
Jian Chai ◽  
Xiaokong Zhang ◽  
Quanying Lu ◽  
Xuejun Zhang ◽  
Yabo Wang
Keyword(s):  
Natural Gas ◽  
Supply And Demand ◽  
Price System ◽  
Natural Gas Market ◽  
Gas Market ◽  
Double Track

scholarly journals Research on the Influence of Energy Utilization and Economic Development on Human Well-Being in Qinghai-Tibet Plateau

2020 ◽  
Vol 13 (1) ◽  
pp. 196
Author(s):  
Mengmeng Meng ◽  
Weiguo Fan ◽  
Jianchang Lu ◽  
Xiaobin Dong ◽  
Hejie Wei
Keyword(s):  
Economic Development ◽  
Well Being ◽  
Resource Acquisition ◽  
Energy Utilization ◽  
Western China ◽  
Tibet Plateau ◽  
Four Dimensions ◽  
Generalized Matrix ◽  
Qinghai Tibet Plateau ◽  
Means Of Production

Qinghai-Tibet Plateau is a typical resource-rich but economically backward region in western China, and it is of great urgency to improve human well-being. Combined with previous scholars’ research and the characteristics of Qinghai-Tibet Plateau, this paper constructs an index system of human well-being including four dimensions: income and consumption, means of production, means of subsistence, and resource acquisition ability. Then, it uses generalized matrix method estimations to measure the influence of energy utilization and economic development on human well-being and makes a regression analysis on the influence of energy utilization and economic development on human well-being in various provinces in this region. It is found that per capita GDP and coke utilization promote the well-being of all dimensions, while the urban registered unemployment rate only promotes the well-being of means of subsistence. The utilization of gasoline and natural gas promotes income and consumption and inhibits the means of subsistence and resource acquisition ability, but they have opposite effects on means of production. The impacts of energy utilization and economic development in different provinces on human well-being are different. This study is of great significance to the related research aiming at improving people’s livelihood and promoting regional development.

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