| 1. |
- Engwall, Lars, 1942-
(författare)
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Listen to Eva Forslund and Magnus Henrekson, Please!
- 2022
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Ingår i: Econ Journal Watch. - : Institute of Spontaneous Order Economics. - 1933-527X. ; 19:2, s. 283-290
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Tidskriftsartikel (refereegranskat)abstract
- My commentary on Eva Forslund and Magnus Henrekson (2022) supports and extends their arguments. The issue is the increasing tendency of non-English institutions and individuals to use English in publishing and teaching. I elaborate on a number of problems associated with this development in terms of research problems addressed, student understanding, and collaboration with society.
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| 2. |
- Hulme, Oliver, et al.
(författare)
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Reply to "The Limitations of Growth-Optimal Approaches to Decision Making Under Uncertainty"
- 2023
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Ingår i: Econ Journal Watch. - : Institute of Spontaneous Order Economics. - 1933-527X. ; 20:2, s. 335-348
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Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- In an article appearing concurrently with the present one, Matthew Ford and John Kay put forward their understanding of a decision theory which emerges in ergodicity economics. Their understanding leads them to believe that ergodicity economics evades the core problem of decisions under uncertainty and operates solely in a regime where there is no measurable uncertainty. If this were the case, then the authors' critical stance would be justified and, as the authors point out, the decision theory would yield only trivial results, identical to a flavor of expected-utility theory. Here we clarify that the critique is based on a theoretical misunderstanding, and that uncertainty-quantified in any reasonable way-is large in the regime where the model operates. Our resolution explains the success of recent laboratory experiments, where ergodicity economics makes predictions different from expected-utility theory, contrary to the claim of equivalence by Ford and Kay. Also, a state of the world is identified where ergodicity economics outperforms expected-utility theory empirically.
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| 3. |
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| 4. |
- Klein, Daniel B., Adjungerad professor
(författare)
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What 21st-Century Works Will Merit a Close Reading in 2050? : Second Tranche of Responses
- 2021
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Ingår i: Econ Journal Watch. - : Econ Journal Watch. - 1933-527X. ; 18:1, s. 164-191
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Tidskriftsartikel (populärvet., debatt m.m.)abstract
- Adam Smith applied the expression “never to be forgotten” to two thinkers he knew personally, born more than 300 years ago, and those two thinkers are not yet forgotten.We undertook the present query in 2020, looking a mere 30 years ahead. What 21st-century works will merit a close reading in 2050? That is the question asked of Econ Journal Watch authors (specifically: those who authored material in sections other than the Comments section of the journal). The previous issue of this journal provided responses from authors with last names beginning A through K (link). Here we present nineteen responses from authors L through Z.
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| 5. |
- Ståhl, Ingemar
(författare)
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It will soon be 1984… : Ingemar Ståhl’s pioneering 1979 proposal to abolish cash to strengthen the Swedish welfare state
- 2020
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Ingår i: Econ Journal Watch. - 1933-527X. ; 17:1, s. 242-255
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Tidskriftsartikel (refereegranskat)abstract
- It is clearly evident from recent developments that government authorities in many respects have failed to gain full control over the citizens of our country. This is especially notable in relation to the problems that have arisen from the spread of so-called grey and black markets and the associated increase in the number of transactions that have evaded taxation. This is not just an efficiency problem in the sense that citizens—partly influenced by the tax evasion propaganda from the right-wing bourgeoisie and the ruthless attacks on society’s ambitions to construct a gentle People’s Home (folkhem)2 based on long-term government planning—are indulging in activities of dubious economic benefits to society as a whole. It also presents a sizable problem of social justice, equity, and possibly even of gender equality.
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