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Neoliberals argue that free trade promotes economic growth, [279] reduces poverty, [279] [276] produces gains of trade like lower prices as a result of comparative advantage, [280] maximizes consumer choice, [281] and is essential to freedom, [282] [283] as they believe voluntary trade between two parties should not be prohibited by government ...
Carl David Alfred Weber (German:; 30 July 1868 – 2 May 1958) was a German economist, geographer, sociologist, philosopher, and theoretician of culture whose work was influential in the development of modern economic geography. His other work focused on the sociology of knowledge and the role of intellectuals in society.
Ottoman free trade policies were praised by British economists advocating free trade such as J. R. McCulloch in his Dictionary of Commerce (1834), but criticized by British politicians opposing free trade such as Prime Minister Benjamin Disraeli, who cited the Ottoman Empire as "an instance of the injury done by unrestrained competition" in the ...
Sociology is the scientific study of human society that focuses on society, human social behavior, patterns of social relationships, social interaction, and aspects of culture associated with everyday life.
According to Weber, the ability to possess power derives from the individual's ability to control various "social resources". "The mode of distribution gives to the propertied a monopoly on the possibility of transferring property from the sphere of use as 'wealth' to the sphere of 'capital,' that is, it gives them the entrepreneurial function and all chances to share directly or indirectly in ...
Ulrich Beck (15 May 1944 – 1 January 2015) was a German sociologist, and one of the most cited social scientists in the world during his lifetime. [citation needed] His work focused on questions of uncontrollability, ignorance and uncertainty in the modern age, and he coined the terms "risk society" and "second modernity" or "reflexive modernization".
German public schools generally have religious education provided by the churches in cooperation with the state ever since. During the 18th century, the Kingdom of Prussia was among the first countries in the world to introduce free and generally compulsory primary education, consisting of an eight-year course of basic education, Volksschule ...
This theory became known as monetarism, the theory that excess currency leads to inflation. [1] He also played a part in the emergence of classical economics , [ 3 ] which meant he fought for free trade [ 4 ] and free competition without government interference by enforcing laws or restrictions .