The impact of The General Theory on Economic Theory and the Development of Public Policies: A Nested Vision of Keynes’s Ideas with the Classical Vision through a Panoramic View of his Works

Author(s):  
Lall Ramrattan ◽  
Michael Szenberg
2012 ◽  
pp. 41-66 ◽  
Author(s):  
M. Storchevoy

The paper deals with development of a general theory of the firm. It discusses the demand for such a theory, reviews existing approaches to its generalization, and offers a new variant of general theory of the firm based on the contract theory. The theory is based on minimization of opportunistic behaviour determined by the material structure of production (a classification of ten structural factors is offered). This framework is applied to the analysis of three boundaries problems (boundaries of the job, boundaries of the unit, boundaries of the firm) and five integration dilemmas (vertical, horizontal, functional, related, and conglomerate).


1997 ◽  
Vol 24 (1) ◽  
pp. 117-141 ◽  
Author(s):  
T. A. LEE

This study represents part of a long-term research program to investigate the influence of U.K. accountants on the development of professional accountancy in other parts of the world. It examines the impact of a small group of Scottish chartered accountants who emigrated to the U.S. in the late 1800s and early 1900s. Set against a general theory of emigration, the study's main results reveal the significant involvement of this group in the founding and development of U.S. accountancy. The influence is predominantly with respect to public accountancy and its main institutional organizations. Several of the individuals achieved considerable eminence in U.S. public accountancy.


2018 ◽  
Vol 3 (3/4) ◽  
pp. 139-152
Author(s):  
Hatem Adela

Purpose This paper aims to contribute to formulating the methodological framework for a paradigm of Islamic economics, using the development of the conventional economics, theoretical and mathematical methods. Design/methodology/approach The study based on the inductive and mathematical methods to contribute to economic theory within the methodological framework for Islamic Economics, by using the return rate of Musharakah rather than the interest rate in influence the economic activity and monetary policy. Findings Via replacement, the concept of the interest rate by the return rates of Musharakah. It concludes that the central bank can control the monetary policy, economic activity and the efficient allocation of resources by using the return rates of Musharakah through the framework of Islamic economy. Practical/implications The study is a contribution to formulate the methodological framework for a paradigm of Islamic economics, where it investigates the impact of return rates of Musharakah on the money market and monetary policy, by the mathematical methods used in the conventional economy. Also, the study illustrates the importance of further studies that examine the methodological framework for Islamic Economics. Originality/value The study aims to contribute to formulating the Islamic economic theory, through the return rate of Musharakah financing instead of the interest rate, and its effectiveness of the monetary policy. As well as reformulating the concepts of the investment function, the present value and the marginal efficiency rate of investment according to the Islamic economy approach.


2011 ◽  
Vol 44 (4) ◽  
pp. 883-902 ◽  
Author(s):  
Florence Larocque

Abstract. This article seeks to evaluate how democratic and deliberative the direct participation of citizens experiencing poverty is in the definition and implementation of public policies that affect them. A comparison of Belgian and Quebec processes involving persons in situation of poverty indicates that the procedural dimensions of participation (franchise, quality and accountability) are clearly strengthened by institutionalized processes and weakened when processes become politicized. However, the authenticity of the process (a dimension tied to outcomes) remains largely independent from the nature of these processes and depends instead on the mobilization of social actors and especially of anti-poverty organizations.Résumé. Cette article évalue dans quelle mesure la participation directe des citoyens en situation de pauvreté à l'élaboration et la mise en œuvre des politiques publiques les concernant est démocratique et délibérative. Une comparaison des processus belges et québécois de participation des personnes en situation de pauvreté démontre que les dimensions procédurales de la participation (franchise, qualité et garantie) sont clairement renforcées par l'institutionnalisation, tandis qu'elles sont affaiblies par la politisation des processus. Par ailleurs, l'authenticité du processus (une dimension liée aux résultats) reste largement indépendante de la nature des mécanismes et dépend plutôt de la mobilisation des acteurs sociaux et particulièrement de celle des organisations de lutte contre la pauvreté.


2018 ◽  
Vol 51 (5) ◽  
pp. 749-769 ◽  
Author(s):  
Ank Michels ◽  
Harmen Binnema

Although deliberative reforms have been proposed to strengthen democracy, little is known about their impact on politics, public policies, and society. This article develops a framework to systematically assess this impact, differentiating between direct and indirect forms of impact. We apply this framework to two cases of deliberative citizens’ summits in the Netherlands. Our analysis reveals that these summits have a limited direct impact on local politics and policy making, but a relatively strong indirect impact on the local community. The article also discusses some conditions that mediate the impact of the forum.


Author(s):  
Iuliia Rossius

The goal of this article consists in demonstration of the impact of research in the field of history and theory of law alongside the hermeneutics of Emilio Betti impacted the vector of this philosophical thought. The subject of this article is the lectures read by Emilio Betti (prolusioni) in 1927 and 1948, as well as his writings of 1949 and 1962. Analysis is conducted on the succession of Betti's ideas in these works, which is traced despite the discrepancy in their theme (legal and philosophical). The author indicates “legal” origin of the canons of Bettis’ hermeneutics, namely the canon of autonomy of the object. Emphasis is placed on the problem of objectivity in Betti's theory, as well as on dialectical tension between the historicity of the interpreted subject and strangeness of the object that accompanies legal, as well as any other type of interpretation. The article reveals the key moment of Betti's criticism of Hans-Georg Gadamer. Regarding the question of historicity of the subject of interpretation. The conclusion is made that the origin of the general theory of interpretation lies in the approaches and methods developed and implemented by Betti back in legal hermeneutics and in studying history of law.   Betti's philosophical theory was significantly affected by the idea on the role of modern legal dogma in interpretation of the history of law. Namely this idea that contains the principle of historicity of the subject of interpretation, which commenced  the general hermeneutical theory of Emilio Betti, was realized in canon of the relevance of understanding in the lecture in 1948, and later in the “general theory of interpretation”. The author also underlines that the question of objectivity of understanding, which has crucial practical importance in legal hermeneutics, was transmitted into the philosophical works of E. Betti, finding reflection in dialectic of the subject and object of interpretation.


Author(s):  
Gloria L. Mancha-Torres ◽  
Jose N. Martinez ◽  
Ernesto Aguayo-Téllez

Using Mexico’s Social Cohesion Survey for the Prevention of Violence and Crime (ECOPRED 2014) and the Mexican Intercensal Population Survey (CONTEO 2015) this paper analyses the characteristics and environment factors that influence the violent behavior of young people aged 14 to 24 years within the 47 largest Mexican cities. The existence of spatial correlation between Mexican cities is corroborated and after controlling for it, it is found that factors related to addictions (drug use by young people and their families) and a violent environment around the young (being bullied, robbed, or having violent friends, neighbors, coworkers or classmates) are positively related to the percentage of young people who shout, hit objects, hit people, carry weapons, or have been arrested. Public policies to reduce the use of drugs and to improve the environment where young people live, mainly in their neighborhoods, schools and jobs, will have a direct effect on reducing the violent behavior of young people. And given the confirmed existence of spatial effects, coordinated efforts between nearby cities could multiply the impact of such public policies.


Author(s):  
Verônica Gesser ◽  
Valéria Silva Ferreira

ABSTRACTThis paper aims to characterize current public policies and educational practice perspectives, which principles are based on the logic of global education economy, aiming to reflect on possible impacts on processes of teaching and learning within the local educational contexts. This model reflects the neoliberal political influence and economic logic, which features a context governed by the laws of the market and the democratic Social Welfare State mischaracterization; that is, state reduction and “market and quasi-market” enhancement. Example of this is what is happening in Brazil with the expansion of educational services and outsourced products. This idea has been applied by Basic Education responsibility decentralization for the municipalities. Thus, the budget for the services, products and continuing education is being transferred to specialized national and multinational enterprises, often under the label of nonprofits entities (new philanthropies, associated companies, that is, the third sector). Therefore, the Brazilian education has been suffering state denationalization impact, which is causing profound changes in how educational public policies are being practiced within each Brazilian municipality. Consequently, Brazilian education is being conceived as commodity.RESUMOEste trabalho tem como objetivo caracterizar as atuais políticas públicas e perspectivas de práticas educacionais, cujos princípios fundamentam-se na lógica da economia de educação global, visando refletir sobre possíveis impactos nos processos de ensino e de aprendizagem no âmbito dos contextos educacionais locais. Esse modelo reflete a influência da lógica política e econômica neoliberal, o qual caracteriza um contexto governado pelas leis de mercado e pela descaracterização do Estado de Bem-estar Social democrático; ou seja, a redução do Estado e a valorização do “mercado e quase-mercado”. Exemplo disso é o que está acontecendo no Brasil com a expansão dos serviços e dos produtos educacionais terceirizados. Essa idéia vem sendo aplicada pela descentralização da responsabilidade da Educação Básica para os municípios brasileiros. Dessa forma, o orçamento para os serviços, os produtos e a formação continuada está sendo transferido para empresas nacionais e multinacionais especializadas, muitas vezes sob o rótulo de entidades sem fins lucrativos (novas filantropias; empresas associadas; ou seja, a terceira via). Assim sendo, a educação brasileira vem sofrendo o impacto da desnacionalização do Estado, o que está provocando profundas mudanças em como as políticas públicas educacionais vêm sendo praticadas no âmbito de cada município brasileiro. Consequentemente, a educação brasileira está sendo concebida como um comodity.


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