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Other schools of economic thought, such as new classical macroeconomics, [citation needed] hold that countercyclical policies may be counterproductive or destabilizing, and therefore favor a laissez-faire fiscal policy as a better method for maintaining an overall robust economy. When the government adopts a countercyclical fiscal policy in ...
Circular cumulative causation is a theory developed by Swedish economist Gunnar Myrdal who applied it systematically for the first time in 1944 (Myrdal, G. (1944), An American Dilemma: The Negro Problem and Modern Democracy, New York: Harper).
A vicious circle (or cycle) is a complex chain of events that reinforces itself through a feedback loop, with detrimental results. [1] It is a system with no tendency toward equilibrium (social, economic, ecological, etc.), at least in the short run. Each iteration of the cycle reinforces the previous one, in an example of positive feedback. A ...
His work has made foundational contributions to the fields of cliodynamics, economic history and political demography. [2] [3] [4] He was the first scholar to describe in detail and document the long-term cyclical relationship between global population and of political rebellion and revolution. [5]
Social cycle theories are among the earliest social theories in sociology.Unlike the theory of social evolutionism, which views the evolution of society and human history as progressing in some new, unique direction(s), sociological cycle theory argues that events and stages of society and history generally repeat themselves in cycles.
The Sociological Review is a quarterly peer-reviewed academic journal covering all aspects of sociology, including anthropology, criminology, philosophy, education, gender, medicine, and organization. The journal is published by SAGE Publishing; before 2017 it was published by Wiley-Blackwell.
Kuhn, Rick [2017] Introduction: Grossman and His Studies of Economic Theory in Henryk Grossman [2017] Capitalism's Contradictions: Studies in Economic Theory before and after Marx Haymarket, Chicago Kuruma, Samezō [1929] An Introduction to the Study of Crisis Sep. 1929 issue of Journal of the Ohara Institute for Social Research, (vol. VI, no ...
Current Sociology is a bimonthly peer-reviewed academic journal covering the field of sociology. It is an official journal of the International Sociological Association [ 1 ] and is published on their behalf by SAGE Publications It was established in 1952.