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Articles 1 - 7 of 7
Full-Text Articles in Social and Behavioral Sciences
The Capital-Based View Of The Firm, Peter Lewin
The Firm In Disequilibrium: Contributions From The Austrian Tradition, Peter Lewin
The Firm In Disequilibrium: Contributions From The Austrian Tradition, Peter Lewin
Peter Lewin
No abstract provided.
Heterogeneous Human Capital, Uncertainty, And The Structure Of Plans: A Market Process Approach To Marriage And Divorce, Peter Lewin
Peter Lewin
The family has not been exempt from the multiple and rapidly occurring changes in the world today, particularly in market economies. The number of marriages has declined, age at first marriage has risen, the number of divorces has risen sharply, the fertility rate has declined, and the division of labor within families has changed, not always in ways that might be expected. This paper subjects these developments to a market process analysis, drawing on the voluminous work occurring in family economics. The Austrian theory of capital, with its emphasis on capital heterogeneity, is relevant. We place particular emphasis on the …
Creativity Or Coorecion: Perspectives On Rights To Intellectual Property, Peter Lewin
Creativity Or Coorecion: Perspectives On Rights To Intellectual Property, Peter Lewin
Peter Lewin
Part one of this paper considers the question of property rights in general and asks how such rights can be justified, contrasting Consequentialist with other approaches and concludes that it is impossible to avoid a broadly Consequentialist approach. Part two considers the question of intellectual property (IP) and asks how property rights justifications apply to it. The basic economics if IP is indispensable in this discussion. Finally, part three, considers IP in the light of modern technological developments. I conclude that the real dangers lie more in the specific ways government and special interests respond to this technology than from …
Facts, Values And The Burden Of Proof., Peter Lewin
Facts, Values And The Burden Of Proof., Peter Lewin
Peter Lewin
I examine here the connection between facts, values, and the burden of proof, and I suggest a relationship that is always present, though seldom acknowledged. We like to think of ourselves as conducting value-free scientific inquiry, yet values inevitably intrude. This inevitable intrusion does not necessarily suggest the abandonment of the attempt to keep facts and values separate, but it does suggest that we ought to make plain our prior moral commitments as an aid to those evaluating our findings to interpret the policy significance of the “evidence.” Where one places the burden of proof in such a design is …
The Capital Idea And The Scope Of Economics, Peter Lewin
The Capital Idea And The Scope Of Economics, Peter Lewin
Peter Lewin
This paper traces the idea of Capital from Adam Smith to modern times and shows how different conceptions of Capital give rise to different approaches to economics and the range of problems that can be investigated. A structural, as opposed to a stock, approach to Capital is shown to be more conducive to a studies of business institutions and practices, and to rules, institutions and standards in a changing world.
Entrepreneurship And The Defense Of Capitalism: An Examination Of The Work Of Israel Kirzner, Peter Lewin
Entrepreneurship And The Defense Of Capitalism: An Examination Of The Work Of Israel Kirzner, Peter Lewin
Peter Lewin
Israel Kirzner has spent a career in articulating and refining concept of entrepreneurship; His work is indispensable for anyone seeking an understanding of the role of the entrepreneur in the economy. This paper provides a critical appreciation of this work, and considers how Kirzner’s insights might feature in a defense of Capitalism in the post- Socialist world.