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The simulation hypothesis is really cool. it is dope and is fukin nerdy too. proposes that what we experience as the world is actually a simulated reality, such as a computer simulation in which we ourselves are constructs.
The Limits to Growth (LTG) is a 1972 report [2] that discussed the possibility of exponential economic and population growth with finite supply of resources, studied by computer simulation. [3] The study used the World3 computer model to simulate the consequence of interactions between the Earth and human systems.
Decisions based on economic theories that are not scientifically possible to test can give people a false sense of precision, and that could be misleading, leading to build up logical errors. Natural economics: Economics is concerned with both 'normal' and 'abnormal' economic conditions. In an objective scientific study one is not restricted by ...
Over the past five years, economists have been waging a fierce battle over if and when fiscal stimulus is an appropriate tool to fight the deleterious effects of the ongoing crisis. On one side ...
One way to avoid giving attention to growth might be extending from the economic concept of growth, which proponents of both growth and degrowth commonly adopt, to a broader concept of growth that allows for the observation of growth in other sociological characteristics of society. A corresponding "recoding" of "growth-obsessed", capitalist ...
The overlapping generations (OLG) model is one of the dominating frameworks of analysis in the study of macroeconomic dynamics and economic growth.In contrast to the Ramsey–Cass–Koopmans neoclassical growth model in which individuals are infinitely-lived, in the OLG model individuals live a finite length of time, long enough to overlap with at least one period of another agent's life.
RR 2010a [Growth in a Time of Debt] is the only evidence cited in the "Paul Ryan Budget" on the consequences of high public debt for economic growth. Representative Ryan's "Path to Prosperity" reports (Ryan 2013 p. 78): A well-known study completed by economists Ken Rogoff and Carmen Reinhart confirms this common-sense conclusion.
Lange, Oscar 1967 The Computer and the Market in Socialism, Capitalism, and Economic Growth Feinstein Ed. Lavoie, Don: 1981. A Critique of the Standard Account of the Socialist Calculation Debate Journal of Libertarian Studies N5 V1 pp. 41-87. Lerner, A. P. (1934). "Economic Theory and Socialist Economy". The Review of Economic Studies. 2 (1 ...