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Marx, like orthodox political economists, developed a concept ofhistorical and economic change that corresponds to the period and modeof thought and policy that is today called mercantilism.Marxs treatment of the subject was varied and uneven and did notachieve a fully developed state until his...
The theory of the firm is employed to explain behaviour of thechurch. Churches produce a set of products including entertainment, avariety of socially valuable public goods, eternal life and alterationof otherwise fated events. Most importantly, it reduces transactionscosts by enforcing a system...
India was a colony of Great Britain until 1947 when thesubcontinent was partitioned into two politically separate andindependent countries India and Pakistan. The partition resulted in amajor political and economic upheaval in the subcontinent. In 1950, aplanning commission was set up to...
The major objective of Aganbegyans book is to enhance argumentsmade by Gorbachev in the latters Perestroika. New Thinking for OurCountry and the World. Like his leader, Aganbegyan asserts that theultimate purpose of perestroika is peoples welfare and that thepolicy of the acceleration of the...
Modern game theory, unlike the Talmudic game method,is a highly advanced analytical tool, both in sophistication as well asin application. Nevertheless, the game as such, whether of chance orstrategy, has been practised from time immemorial, including by theancient Hebrews. It is demonstrated...
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