In Concordian economics, a bubble is defined as a separation of monetary values from values of real wealth. This separation is effected by the fundamental proposition of Concordian economics: Investment is income minus hoarding. This definition, in turn, allows us to identify a set of crucial relationships that exist in the economic process, namely more hoarding, less investment and less growth; more hoarding, more inflation; more hoarding, more poverty
We explore a view of the crisis as a shock to investor sentiment that led to the collapse of a bubbl...
This paper provides a simple infinite-horizon model of rational bubbles in a production economy. The...
In recent years, it is becoming common to apply the metaphor of „economic bubble” to the description...
In Concordian economics, a bubble is defined as a separation of monetary values from values of real ...
In mainstream economics, the sight is restricted to forms of financial bubbles. In Concordian econom...
The purpose of this chapter is to make the case for an alternative, Post Keynesian, perspective on a...
This thesis is concerned with the systematic analysis of economic bubbles. This is done through a re...
The article presents a new approach to the solution to the paradox of value based on the theory of m...
THE MISMATCH THESIS: What do economists mean when they talk about "capital accumulation"? Surprising...
The author summarizes what economic theory tells us about when asset price bubbles can occur and wha...
The purpose of this chapter is to make the case for an alternative, Post Keynesian, perspective on ...
Dholakia and Turcan present their interdisciplinary metatheory of bubbles with short case studies of...
In Concordian economics there is no distinction between micro and macro economics, because the econo...
Over the last few decades business cycles have prompted plenty of discussions among economists – som...
Explores the extent to which prices of assets represent fundamental economic values. Development of ...
We explore a view of the crisis as a shock to investor sentiment that led to the collapse of a bubbl...
This paper provides a simple infinite-horizon model of rational bubbles in a production economy. The...
In recent years, it is becoming common to apply the metaphor of „economic bubble” to the description...
In Concordian economics, a bubble is defined as a separation of monetary values from values of real ...
In mainstream economics, the sight is restricted to forms of financial bubbles. In Concordian econom...
The purpose of this chapter is to make the case for an alternative, Post Keynesian, perspective on a...
This thesis is concerned with the systematic analysis of economic bubbles. This is done through a re...
The article presents a new approach to the solution to the paradox of value based on the theory of m...
THE MISMATCH THESIS: What do economists mean when they talk about "capital accumulation"? Surprising...
The author summarizes what economic theory tells us about when asset price bubbles can occur and wha...
The purpose of this chapter is to make the case for an alternative, Post Keynesian, perspective on ...
Dholakia and Turcan present their interdisciplinary metatheory of bubbles with short case studies of...
In Concordian economics there is no distinction between micro and macro economics, because the econo...
Over the last few decades business cycles have prompted plenty of discussions among economists – som...
Explores the extent to which prices of assets represent fundamental economic values. Development of ...
We explore a view of the crisis as a shock to investor sentiment that led to the collapse of a bubbl...
This paper provides a simple infinite-horizon model of rational bubbles in a production economy. The...
In recent years, it is becoming common to apply the metaphor of „economic bubble” to the description...