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For Polanyi, the effort by classical and neoclassical economics to make society subject to the free market was a utopian project and, as Polanyi scholars Fred Block and Margaret Somers claim, "When these public goods and social necessities (what Polanyi calls "fictitious commodities") are treated as if they are commodities produced for sale on the market, rather than protected rights, our ...
Allyship is an English-language neologism used in contemporary social justice activism to describe efforts by groups of people to advance the interests of marginalized groups both in society at large and in particular social contexts, for example universities or workplaces. [1]
False necessity, or anti-necessitarian social theory, is a contemporary social theory that argues for the plasticity of social organizations and their potential to be shaped in new ways. The theory rejects the assumption that laws of change govern the history of human societies and limit human freedom. [ 1 ]
Individualism and Economic Order is a book written by Friedrich Hayek. [ 1 ] [ 2 ] [ 3 ] It is a collection of essays originally published in the 1930s and 1940s, discussing topics ranging from moral philosophy to the methods of the social sciences and economic theory to contrast free markets with planned economies. [ 4 ]
In economics, a false economy or hallucinated economy is an action that does save money at the beginning but which, over a longer period of time, results in more money being spent or wasted than being saved. For example, it may be false economy if a city government decided to purchase the cheapest automobiles for use by city workers to save ...
"1923" will have its network premiere on Dec. 8 at 9 p.m. ET/PT and 8 p.m. CT on the Paramount Network.. The show will debut right after a new episode of "Yellowstone" Season 5, which airs at 8 p ...
Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law. The field emerged in the United States during the early 1960s, primarily from the work of scholars from the Chicago school of economics such as Aaron Director , George Stigler , and Ronald Coase .
Trump's inner circle has described the attorney general, the country's top law enforcement official, as the most important member of the administration after the president, key to his plans to ...