Economics 21

More titles

• 

  The Factors of Economic Growth from a Classical Perspective

  The problems of economic growth have been increasingly taken into account over the last decades, which brings to the fore the issue of the factors that determine it. The dynamics of contemporary economic development requires detailed knowledge and thorough study of this complex set of elements. Over the years they have highly evolved and changed ... The problems of economic growth have been increasingly taken into account over the last decades, which brings to the fore the issue of the factors that determine it. The dynamics of contemporary economic development requires detailed knowledge and thorough study of this complex set of elements. Over the years they have highly evolved and changed the concept of generating growth. The beginning, however, was set long ago in the past. This study examines the factors of growth from the point of view of the classical economic theory. The analysis starts with the ideas of W. Petty and the determinants worked out by him – labour and land; it continues with Fr. Quesnay’s views on the power of nature and the crucial role of agriculture; it identifies the main causes of the wealth of nations according to A. Smith with an emphasis on labour productivity; it emphasizes the dynamic changes in the factors according to J. S. Mill; it justifies their triune structure according to J. B. Say and outlines some obstacles to growth according to T. Malthus.

• 

  New Paradigms – Interactionist Perspectives of Human Behaviour in Organisations and Management

  The study analyzes interactionist perspectives, combining different approaches, models, and theories about understanding the multiaspect, multifactor and holistic (comprehensive) nature of human behaviour in organisations and management. It also suggests baseline theses about: substantiation of complex research approaches; intersection of ... The study analyzes interactionist perspectives, combining different approaches, models, and theories about understanding the multiaspect, multifactor and holistic (comprehensive) nature of human behaviour in organisations and management. It also suggests baseline theses about: substantiation of complex research approaches; intersection of paradigmatic lines of different behaviour sciences, concepts, methodologies, and correlations which establish prerequisites for empirical and applied “translation” for acquiring new knowledge, values, and behaviour to encourage human development, strategic and global thinking, human capital and management of talents

• 

  Inflation and Labour Capital Distribution: the Viable Compromises

  Our contribution aims to revisit the well known Goodwin’s model in macroe-conomics by the light of set-valued analysis taking into account state and regulation constraints in a viability program. The model of Goodwin (1967) deals with dynamic in¬teractions between employment and salary levels. It provides endogenous explanations of cyclical trends ... Our contribution aims to revisit the well known Goodwin’s model in macroe-conomics by the light of set-valued analysis taking into account state and regulation constraints in a viability program. The model of Goodwin (1967) deals with dynamic in¬teractions between employment and salary levels. It provides endogenous explanations of cyclical trends in dynamical economy. Viability methods enable investigating model properties and revealing appropriate regulation allowing the evolution to ful;ll some pre¬scribed qualitative objective. Then, applying computational methods derived from the Viability Kernel Algorithm, one can stretch the traditional Goodwin model analysis up to the institutional framework of the economy including monetary and budgetary aspects of the regulation policy from the public authorities, namely the state government, the cen¬tral bank and eventually the rivalry between the two boards thanks to dynamical games.