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Vor 5 Tagen · This study explores the role played by a country's political environment in the origin and effect of government spending. Using a rich data set that contains time-varying ideological party positions, I show that both government ideology and the timing of elections are key determinants of government spending shocks and Granger-cause government spending shocks estimated from traditional ...
Vor 3 Tagen · Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. [1] [2] [3] [4] [5] Central characteristics of capitalism include capital accumulation, competitive markets, price systems, private property, property rights recognition, voluntary exchange, and wage labor.
Vor 3 Tagen · Through the elimination of centralized control of economic activities, economic power is separated from political power and each can serve as a counterbalance to the other. Friedman feels that competitive capitalism is especially important to minority groups since impersonal market forces protect people from discrimination in their economic activities for reasons unrelated to their ...
Vor 2 Tagen · In political science, a political ideology is a certain set of ethical ideals, principles, doctrines, myths or symbols of a social movement, institution, class or large group that explains how society should work and offers some political and cultural blueprint for a certain social order. A political ideology largely concerns itself ...
Vor 22 Minuten · In the present considerations, it is much more a matter of demonstrating, as also stated in the introduction, that digitalisation is not a superficial phenomenon, but a form of technical change that—far more than all other technological revolutions before it—really also affects the fundamental principles of the market economy.
Vor 4 Tagen · Today, Republicans advocate reduced taxes as a means of stimulating the economy and advancing individual economic freedom, and they generally support conservative social policies. Republicans also tend to oppose extensive government regulation of the economy, government-funded social programs, and affirmative action .
Vor 6 Tagen · Date: Wednesday 08 May 2024. Time: 6.00pm to 7.15pm. This online public event is free and open to all, but registration is required. Please click here to register to receive Zoom information. #LSECoase. Find out more about this event here. Economica-Coase Lecture. Why Women Won. Speaker: Claudia Goldin - 2023 Nobel Prize in Economics Winner.
