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85,029 result(s) for "Free markets"
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Land financialisation, planning informalisation and gentrification as statecraft in Antwerp
This article offers insight into the role of the state in land financialisation through a reading of urban hegemony. This offers the basis for a conjunctural analysis of the politics of planning within a context in which authoritarian neoliberalism is ascendant across Europe. I explore this through the case of Antwerp as it underwent a hegemonic shift in which the nationalist neoliberal party the New Flemish Alliance (Nieuw-Vlaamse Alliantie; N-VA) ended 70 years of Socialist Party rule and deregulated the city’s technocratic planning system. However, this unbridling of the free market has led to the creation of high-margin investment products rather than suitable housing for the middle classes, raising concerns about the city’s gentrification strategy. The consequent, politicisation of the city’s planning system led to controversy over clientelism which threatened to undermine the N-VA’s wider hegemonic project. In response, the city has sought to roll out a more formalised system of negotiated developer obligations, so embedding transactional, marketoriented informal governance networks at the centre of the planning system. This article highlights how the literature on land financialisation may incorporate conjunctural analysis, in the process situating recent trends towards the use of land value capture mechanisms within the contradictions and statecraft of contemporary neoliberal urbanism. 通过对城市霸权的解读,本文深入探讨了政府在土地金融化过程中扮演的角色。在威权主义新自由主义正在欧洲盛行的背景下,这为对规划政治进行综合分析提供了基础。我通过安特卫普的例子来探讨这一点,因为它经历了霸权的转变,民族主义新自由主义政党新弗拉芒联盟 (Nieuw-Vlaamse alliantee; N-VA) 结束了社会党70年的统治,并对该市的技术官僚规划制度进行了放松管制的改革。然而,这种对自由市场的放任导致了高利润投资产品的产生,而不是为中产阶级提供合适的住房,这引发了人们对城市绅士化战略的担忧。随之而来的是,城市规划系统的政治化导致了对客户主义的争议,这可能会破坏N-VA更广泛的霸权议程。作为回应,该市寻求推出一个更正规的开发商义务协商制度,将交易型、面向市场的非正规治理网络嵌入规划体系的核心。本文强调土地金融化方面的文献可以纳入局势分析,在此过程中将土地价值获取机制的使用趋势置于当代新自由主义城市化的自相矛盾和治国之道这一大背景中。
The humanomics underpinning free market productivity: synthesizing insights from social philosophy, systems thinking, and neuroeconomics
Why do free markets at the macroeconomic level perform better than command and control economies over time? Similarly, why do more open, less rigid hierarchal organizational systems at the microeconomic level, generate higher levels of productivity over the long term? Systems thinker Russ Ackhoff asserted that if you want to know how something works, you analyze. However, if you want to know why something works you synthesize. As we shall explore in this paper, Max U-based analyses adopted in traditional neoclassical (Samuelsonian) economics are useful for helping us explain how markets work but not necessarily why . The purpose of this article is: (1) to synthesize insights from humanomics, neuroeconomics, and systems thinking to explore why free markets at the macroeconomic level and more open, less hierarchal organizational systems at the microeconomic level, allow human ingenuity and creativity to flourish and (2) to apply those insights to exploring how we can improve communication and cooperation in boundaryless systems such as the global economy or virtual organizations that operate within it. This article is part of a project that was organized by a group of Public Choice scholars who are committed to the rigorous study of free markets and how their operations might be enhanced at the margin. JEL: A13, B53, D83.
Stakeholder Capitalism
In this article, we will outline the principles of stakeholder capitalism and describe how this view rejects problematic assumptions in the current narratives of capitalism. Traditional narratives of capitalism rely upon the assumptions of competition, limited resources, and a winner-take-all mentality as fundamental to business and economic activity. These approaches leave little room for ethical analysis, have a simplistic view of human beings, and focus on value-capture rather than value-creation. We argue these assumptions about capitalism are inadequate and leave four problems in their wake. We wish to reframe the narrative of capitalism around the reinforcing concepts of stakeholders coupled with value creation and trade. If we think about how a society can sustain a system of voluntary value creation and trade, then capitalism can once more become a useful concept.
Sympathy and the Wealth of Nations
Although the concept of sympathy is absent from the Wealth of Nations, this essay argues that it is the foundation that sustains the free market, gives it its moral limits, and enables its greater efficiency. Recognizing this function, which is not difficult to trace in the Wealth of Nations, allows us to understand why public policies that foster sympathetic relationships lead to greater wealth creation, while those that hinder such relationships impede exchange and reduce wealth. Similarly, when changes brought about by progress or personal ambitions and interests inhibit or distort the free play of sympathetic interaction, the awareness that sympathy is the lifeblood of a free society allows us to adjust public policies and restore the framework of security and order that provides the conditions for prosperity, recognition, and happiness for all.
Not Just Neoliberalism: Economization in US Science and Technology Policy
Recent scholarship in science, technology, and society has emphasized the neoliberal character of science today. This article draws on the history of US science and technology (S&T) policy to argue against thinking of recent changes in science as fundamentally neoliberal, and for thinking of them instead as reflecting a process of \"economization.\" The policies that changed the organization of science in the United States included some that intervened in markets and others that expanded their reach, and were promoted by some groups who were skeptical of free markets and others who embraced them. In both cases, however, new policies reflected (1) growing political concern with \"the economy\" and related abstractions (e.g., growth, productivity, balance of trade) and (2) a new understanding of S&T as inputs into a larger economic system that government could manipulate through policy. Understanding trends in US S&T policy as resulting from economizaron, not just neoliberalism, has implications for thinking about the present and likely future of science and S&T policy.
Corporate Social Responsibilities: Alternative Perspectives About the Need to Legislate
This research involves a review of the submissions to a 2005/06 Australian Government Inquiry into Corporate Social Responsibility. The Inquiry was established to investigate whether corporate social responsibilities and accountabilities should be regulated, or left to be determined by market forces. Our results show that the business community overwhelming favour an anti-regulation approach whereby corporations should be left with the flexibility to determine their social responsibilities and associated accountabilities and 'enlightened self-interest' should be retained as the guiding mechanism for social responsibility initiatives. In stark contrast, the submissions from social and environmental organisations and individuals provided counter-arguments in favour of a pro-regulation view. Ultimately Government embraced the 'free market perspective' promoted by the business community and decided against the introduction of national legislation pertaining to corporate social responsibilities.
Does a free-market economy make mother nature angry? Evidence from Asian economies
The linkage between a free market and the environment has been under debate for a long time. In the traditional view, environmental issues are one of the free market’s failures. However, a free market is a solution for environmental problems through the lens of free-market Environmentalism because free markets can be more successful than governments in solving environmental issues. Whether or not a free-market economy leads to environmental degradation and makes Mother Nature angry is a challengeable research gap. This paper fills this gap by examining the impact of a free-market on Mother Nature’s anger in 35 Asian economies over the period 2000–2018. Our empirical results show that a free-market economy reduces the Mother Nature’s anger (proxied by total number of deaths and total economic losses from natural disasters), and this beneficial impact is intensified with the improvement of property rights and government integrity. Our findings assert the important role of a free-market economy, property rights, and government integrity in mitigating the anger of Mother Nature.
Ethical problems in the use of algorithms in data management and in a free market economy
The problem that I present in this paper concerns the issue of ethical evaluation of algorithms, especially those used in social media and which create profiles of users of these media and new technologies that have recently emerged and are intended to change the functioning of technologies used in data management. Systems such as Overton, SambaNova or Snorkel were created to help engineers create data management models, but they are based on different assumptions than the previous approach in machine learning and deep learning. There is a need to analyze both deep learning algorithms and new technologies in database management in terms of their actions towards a person who leaves their digital footprints, on which these technologies work. Then, the possibilities of applying the existing deep learning technology and new Big Data systems in the economy will be shown. The opportunities offered by the systems mentioned above seem to be promising for many companies and—if implemented on a larger scale—they will affect the functioning of the free market.
A Detector in Every Home versus the Integrated Qualification System and New Tasks in Civil Protection
Purpose: The author set himself the task of discussing the prevention activities carried out in Poland regarding incidents involving fires, carbon monoxide poisoning and gas explosions in residential buildings. In addition to reviewing existing legislative solutions and public campaigns, the author made suggestions for improvements and possible actions. Among them are further changes and corrections in legislation, the subsidy system, and the upgrading of the market qualifications in the area of fire protection already adopted by the Minister of Internal Affairs and Administration (MSWIA) within the framework of the Integrated Qualification System. Introduction: In 2024 alone, there were more than 30,000 interventions by the fire department related to residential fires, in which 294 people died as a result of the fire and 53 were poisoned by carbon monoxide. Between 2019 and 2023, approximately 30,000-32,000 residential fires occurred annually. This situation highlights the very important and current problem of incidents in private homes and prompts the search for new preventive solutions. Methodology: While working on the article, the author used an analysis of available legislation, statistics of Central Statistical Office (GUS) and State Fire Service (PSP). He also used his knowledge and experience gained from working on free market qualifications in the area of fire protection, as well as through participation in social campaigns and membership in the structures of the Volunteer Fire Brigades and from working with the Youth Fire Teams, and finally the experience of 10 years of professional work in the research institute of the State Fire Service. Conclusions: The Ministry of Internal Affairs can play a key role in shaping prevention policy by introducing new regulations and promoting the Integrated Qualification System (ZSK) in fire protection. One of the most important aspects of these measures may be the provision of standards for the installation of certified carbon monoxide, smoke and gas detectors, which is a complementary element of the current nationwide campaigns \"Detector to guard your safety\" and \"Smoke detector under every thatch\", promoted by both the Ministry of Internal Affairs and Administration, the State Fire Service and the General Board of the Association of Volunteer Fire Brigades of the Republic of Poland. The regulation, amended in 2024, makes the use of fire and carbon monoxide detection devices universally mandatory. According to the author, however, neither the change in regulations nor the promotion of detectors in the form of as many as two simultaneous public campaigns will achieve the expected results without parallel preparation in adequate strength of competent (certified) resources of fitters of these devices. The implementation of uniform standards for the installation and operation of detectors is desirable both in the ranks of PSP officers and OSP rescuers, and above all in the social groups of dependent citizens.
Competitiveness, labour market and protection of the right to work in the member countries of the Pacific Alliance
The research determines the relationship between competitiveness, the labour market and the protection of the right to work at the constitutional level in the member countries of the Pacific Alliance, analysing for this (i) the evolution of the labour force of the members of the Pacific Alliance, (ii) the constitutional economic system and its competitiveness, (iii) the constitutional framework of the right to work and its related rights, as well as (iv) the situation of the labour market and business competitiveness in Chile, Colombia, Mexico and Peru. A qualitative approach is used at a descriptive, exploratory, and bibliographic level with emphasis on the theories put forward by Mortimore and Peres, Cardona-Arenas, Josling et al.; and Rojas and Terán. It is concluded that there is a direct relationship between competitiveness and job stability in the countries of the Pacific Alliance thanks to the regulatory frameworks of their laws for the protection of the individual rights of workers, despite the economic informality of their members and the socioeconomic inequities of its citizens. Data from the International Labour Organisation, United Nations Economic Commission for Latin America and the Caribbean, and the World Bank, from 2010 to 2023 were used, as well as bibliographic information.