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Measuring the benefits of health and lifesaving programmes is a difficult and problematic task. Nevertheless, if one wants to compare the costs and benefits of a programme using costbenefit analysis methodology the value of life extension and improved quality of life ought to be expressed in...
The description bioeconomics is currently being claimed by two opposing schools of thought. For one group of economists, led by Kenneth Boulding, Herman Daly and Nicholas GeorgescuRoegen, the term is chosen to emphasise the biological foundations of our economic activity. They remind us that the...
When the Catholic bishops of the United States prepared the first draft of their pastoral letter on the US economy, they deliberately kept its contents confidential until after the presidential election of that year. They did not want it to intrude upon the campaign then under way. It was not...
In 1988, Germanspeaking economists plan to celebrate the 150th anniversary of Gustav von Schmoller. Yet, in contemporary America, Schmoller is hardly known. His work is almost completely locked up in the German language, save for his The Mercantile System and its Historical Significance,...
Die Behandlung des Themas lt es zweckmig erscheinen, eine doppelte Vorbemerkung vorauszuschicken Einmal, warum ist eine Industriepolitik in einer Marktwirtschaft notwendig zum anderen, ist eine Industriepolitik mit dem Konzept der sozialen Marktwirtschaft vereinbar
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