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2009 •
Given convex technology and preferences, the neoclassical equilibrium has optimality features that prompted its use for normative analysis. The canonical version of the model assumes that the optimum is reached through the decentralised decisions of atomistic producers and consumers that take prices as given parameters, in a barter economy with no State. In a context where the State is present, any economic policy will be harmful, as it will introduce a distortion into what would otherwise be an optimum. However, as Governments around the world realised in the recent crisis, this optimum cannot be the only reference for economic policy, unless it is demonstrated that, besides being desirable for its optimality features, it is also feasible and relevant for real life decisions, something which in general it is not possible to do. If the word equilibrium is used as a synonymous of neo-classical optimum, and the latter is recognised as a very specific ideal case, all situations relevan...
2008 •
A number of perspectives on diagnosis and cure are emerging. Some have clung to existing doctrine, most notably Tim Besley of the Monetary Policy Committee. Some blame a too lax monetary policy, particularly at the start of the 21st century. Those responsible for that monetary policy, most obviously Alan Greenspan, seek to blame an inevitable irrational exuberance on the part of the public. Most make any arguments with the benefit of hindsight.
Culturas legales e instituciones de control social en América Latina. Siglos XIX y XX
Culturas legales e instituciones de control social en América Latina. Siglos XIX y XX2024 •
А.В.Циммерлинг. Не верь глазам своим. Русские предикативы и аппелляция к очевидному. // А.Н.Еремин (отв. ред.) Проблемы лингвистической семантики и прагматики языковых единиц разных уровней. Калуга, 2023.
Russian predicatives: do not believe your eyes and do not appeal to obvious [Ru: не верь глазам своим: русские предикативы и апелляция к очевидному]2023 •
Investigacion Y Postgrado
Hannah Arendt: crisis de la autoridad y crisis en la educación2009 •
The American Historical Review
A Preface to American Political Theory1994 •
European Journal of Research in Dentistry
Evaluation of the anterior meniscal displacement with reduction by High-Resolution Ultrasonography pulsed-wave Doppler mode (PWD). A pilot study2020 •
Vector European: Revistă ştiinţifico-practică
Non-governmental organizations and their role in the contemporary economy2024 •
International Journal of Molecular Sciences
Building on Surface-Active Ionic Liquids for the Rescuing of the Antimalarial Drug Chloroquine2020 •
International journal of energy
Comparative Study between the Electrical Generators Used in Wind Energy Conversion Systems2020 •
Clinical Nuclear Medicine
Rapid Verification of Unusual Tracer Uptake Patterns by Means of SPECT/CT2010 •
Journal of the American Heart Association
Factor VII Activating Protease Expression in Human Platelets and Accumulation in Symptomatic Carotid Plaque2020 •
Ecotoxicology and Environmental Safety
Evaluation of histopathological alterations in the gills of Vardar chub ( Squalius vardarensis Karaman) as an indicator of river pollution2015 •