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  1. Vor 3 Tagen · The Sveriges-Riksbank Nobel Prize in Economics was established in 1968, and Hayek was the first non-Keynesian economist to win it. Among the reasons given, the committee stated, Hayek "was one of the few economists who gave warning of the possibility of a major economic crisis before the great crash came in the autumn of 1929."

  2. Vor 4 Tagen · Behavioral economics is the study of the psychological, cognitive, emotional, cultural and social factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by classical economic theory. [1] [2]

  3. en.wikipedia.org › wiki › DegrowthDegrowth - Wikipedia

    Vor 3 Tagen · Degrowth is an academic and social movement critical of the hegemony of economic growth perpetuated by capitalism, and calls for an equitable and democratically-led downscaling of production and consumption in industrialised countries as a means to achieve environmental sustainability, social justice and well-being.

  4. Vor 5 Tagen · Psychological observations are by now well integrated into economics, especially in the theory of finance, as can also be seen in the Nobel Prize awarded to Thaler. On the contrary, Simon’s attempt to reforge economic theory on the paradigm of bounded rationality failed. Starting from the birth of the neoclassical paradigm, we’ll describe the attempt to give it psychological foundations ...

  5. Vor 5 Tagen · Adam Smith, Scottish social philosopher and political economist who is a towering figure in the history of economic thought, best known for his book An Inquiry into the Nature and Causes of the Wealth of Nations (1776), the first comprehensive system of political economy. Learn more about Smith’s life and career.

  6. Vor einem Tag · Introduction. In economics Keynesian economics , also Keynesianism and Keynesian Theory, is based on the ideas of twentieth-century British economist John Maynard Keynes. According to Keynesian economics the public sector, or the state, can stimulate economic growth and improve stability in the private sector – through, for example, interest ...

  7. Vor 4 Tagen · Welfare economics is the study of how the allocation of resources and goods affects social welfare. This relates directly to the study of economic efficiency and income distribution, as well as...