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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 ...
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.
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 ...
The Journal of Cultural Economy is a bimonthly peer-reviewed academic journal covering cultural and economic sociology. It was established in 2008 and is published by Routledge . The editors-in-chief are Liz McFall ( Open University ) and Taylor Nelms ( University of California, Irvine ).
Economics & Sociology is a peer-reviewed academic journal covering the socio-economic analysis of societies and economies, institutions, and organizations, social groups, networks and relationships. It was established in 2008 and is published by the Centre of Sociological Research (Poland).
Cyclical asymmetry is a form of nonlinear economics and so its effects can be widely varied. However, the primary identification of a cyclical asymmetry is that resources, results, or actions taken to correct a change result in an unequal distribution of a resource or factor, which always leads to a disruption. [5]
Economy and Society is a quarterly peer-reviewed academic journal of theory and politics. [1] It was established in 1971 and is published by Routledge . As of 2022 [update] , its managing editor is Paul Langley ( Durham University ).
The principle behind Obama administration's actions was referred to as trickle-up economics, [14] but the term bottom-up economics was also used for it. [15] On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act (ARRA), a $787 billion economic stimulus package aimed at helping the economy recover from the deepening worldwide recession. [16]