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Fictitious Capital and the Elusive Quest in Understanding its Implications: Illusions and Paradoxes
Replacing the Concept of Externalities to Analyze Constraints on Global Economic Growth and Move Toward a New Economic Paradigm
European Transition into a Socio-ecological Market Economy
New Paradigm in the Service Economy The Search of Economics for Scientific Credibility: In between Hard and Soft Sciences
Download Volume 2 Issue 3 Part 2

Fictitious Capital and the Elusive Quest in Understanding its Implications: Illusions and Paradoxes

Joanílio Rodolpho Teixeira & Paula Felix Ferreira

This paper deals with the interaction between fictitious capital and the neoliberal model of growth and distribution, inspired by the classical economic tradition. Our renewed interest in this literature ... Read More

Replacing the Concept of Externalities to Analyze Constraints on Global Economic Growth and Move Toward a New Economic Paradigm

Jim Lunday

The prevailing economic paradigm has fallen short as a guide to policy making in this era of global economic crises. Numerous efforts are underway to revise it or replace it with a science of society that integrates ... Read More

European Transition into a Socio-ecological Market Economy

Erich Hoedl

The European Union has introduced the Europe 2020 Strategy and Horizon 2020, which contain several elements for a transition into a Socio-ecological Market Economy. But their implementations .... Read More

New Paradigm in the Service Economy The Search of Economics for Scientific Credibility: In between Hard and Soft Sciences

Orio Giarini

After the very long cycle (about 10,000 years) of societal and economic development based on agriculture, followed by a short cycle in which the industrial revolution became the prime mover (for less than 3 centuries), the world has entered ... Read More