In conclusion, these theoretical considerations lead to the characterization xxin the following manner of the four prototype economic systems
, toward which the CEECs may possibly have converged:
As Americans we take great pride in capitalism, an economic system
whose engine, it seems, is greed.
Overview of America is an outstanding introduction to the basic principles underlying the American political and economic system
The mechanism of falling real prices points us toward an important but neglected aspect of America's economic system
- the role of the rich in driving progress forward.
Simple computer models of economic systems
, in which grid sites represent decisions made by individuals and simple rules define how information about those decisions spreads, actually do evolve to a critical state.
The relation between economic systems
and happiness has received virtually no serious theoretical or empirical analysis in the scholarly literature in any discipline.
Schumpeter joined his pessimism about the future of capitalism with unwarranted optimism about the economic potential of socialist and communist economic systems
He sees the various Soviet and current Russian economic systems
as continuations of, and variations on, a deeply embedded, uniquely Russian, cultural, socioeconomic, and political system that he labels 'Muscovy'.
He was a key participant in the comparative economic systems
field from the 1950s until the 1990s, a contributor to important ideas in additional fields, a prized teacher, an active citizen of the economics profession and his university, the University of New York at Stony Brook, an accomplished academic administrator, a fantastic colleague, a precious friend, a film and theater enthusiast, and so much more.
Actually, as demonstrated in Teranishi's book about Japan's economic systems
since 1868, contemporary Japanese economic institutions are modern in their origins.