What are the potential effects of fiscal policy?

Dec 20, 2024 ... ... Mainstream Economics, argues that modern mainstream economics is fundamentally Kantian. By exploring the connections between Kant's ... We propose a synthesis according to which people indeed act by rules, which usually work well, but may work poorly in exceptional or contrived scenarios. ... Previous Chapter · Next Chapter. Mainstream economics. Brent M. Haddad. and. Barry D. Solomon. Restricted access. Category: Chapter. Published: 23 Feb 2023. The Inclusive Wealth Index (IWI) is built on mainstream sustainability economics, where sustainability is defined as a sum of capital assets weighted ... Austrian economists have often misunderstood modern neoclassical economics, causing them to overstate their differences with it. Mainstream economic theory is based on the rationality assumption: that people act as best they can to promote their interests. In contrast, behavioural ... Dec 6, 2023 ... What is the ideology of 'mainstream economics'? ... To start off, would you agree with this assessment of mainstream economics (below)?. “Mainline is defined as a set of positive propositions about social order that were held in common from Adam Smith onward, but mainstream economics is a ... Mar 29, 2019 ... Fukuyama points out that in a Malthusian world, no property rights will provide you with an economic surplus; but technological development will. Of course, contemporary political economy2 (or what is sometimes called 'heterodox economics'3) continues the interdisciplinary orientation of classical ...