Lars Pålsson Syll
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Lars Pålsson Syll
Lars Jörgen Pålsson Syll (born November 5, 1957) is a Swedish economist who is a Professor of Social Studies and Associate professor of Economic History at Malmö University College. Pålsson Syll has been a prominent contributor to the economic debate in Sweden over the global financial crisis that began in 2008. Biography Lars Jörgen Pålsson Syll (born in 1957) received a PhD in economic history in 1991 and a PhD in economics in 1997, both at Lund University. In 1995 he was appointed associate professor in economic history at Malmö University College. In 2004 he was appointed a professor of social studies at Malmö University College. He researches and teaches the history of economic theory and methodology. Other research areas include theories of distributive justice and critical realist social science. He also studied under Hyman Minsky as a young research stipendiate in the U.S. at the beginning of the 1980s. Lars Pålsson Syll has written several books and many articles ...
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Post-Keynesian Economics
Post-Keynesian economics is a school of economic thought with its origins in ''The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa and Jan Kregel. Historian Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Alfred Eichner, Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more recent work, ''post-Keynesian'' could simply mean economics carried out after 1936, the date of Keynes's ''General Theory''. Post-Keynesian economists are united in maintaining that Keynes' theory is seriously misrepresented by the two other principal Keyne ...
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Joseph Schumpeter
Joseph Alois Schumpeter (; February 8, 1883 – January 8, 1950) was an Austrian-born political economist. He served briefly as Finance Minister of German-Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship. Schumpeter was one of the most influential economists of the early 20th century, and popularized the term "creative destruction", which was coined by Werner Sombart. Early life and education Schumpeter was born in Triesch, Habsburg Moravia (now Třešť in the Czech Republic, then part of Austria-Hungary) in 1883 to German-speaking Catholic parents. Both of his grandmothers were Czech. Schumpeter did not acknowledge his Czech ancestry; he considered himself an ethnic German. His father owned a factory, but he died when Joseph was only four years old. In 1893, Joseph and his mother moved to Vienna. Schumpeter was a loyal supporter of ...
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Post-Keynesian Economists
Post-Keynesian economics is a school of economic thought with its origins in ''The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa and Jan Kregel. Historian Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more recent work, ''post-Keynesian'' could simply mean economics carried out after 1936, the date of Keynes's ''General Theory''. Post-Keynesian economists are united in maintaining that Keynes' theory is seriously misrepresented by the two other principal Keynesian schools: ne ...
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Studentlitteratur
Studentlitteratur is an academic publishing company based in Sweden and publishing mostly in Swedish. It is one of the largest producers of university text books and course books in Sweden. The company was established in 1963 and is based in the university city of Lund Lund (, , ) is a city in the southern Swedish provinces of Sweden, province of Scania, across the Øresund, Öresund strait from Copenhagen. The town had 91,940 inhabitants out of a municipal total of 121,510 . It is the seat of Lund Municipali .... References External links *'Official website'' Book publishing company imprints Book publishing companies of Sweden Mass media in Lund Publishing companies established in 1963 1963 establishments in Sweden Companies based in Lund 20th-century establishments in Skåne County {{publish-company-stub ...
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Prisoner's Dilemma
The Prisoner's Dilemma is an example of a game analyzed in game theory. It is also a thought experiment that challenges two completely rational agents to a dilemma: cooperate with their partner for mutual reward, or betray their partner ("defect") for individual reward. This dilemma was originally framed by Merrill Flood and Melvin Dresher while working at RAND in 1950. Albert W. Tucker appropriated the game and formalized it by structuring the rewards in terms of prison sentences and named it "prisoner's dilemma". William Poundstone in his 1993 book ''Prisoner's Dilemma'' writes the following version:Two members of a criminal gang are arrested and imprisoned. Each prisoner is in solitary confinement with no means of speaking to or exchanging messages with the other. The police admit they don't have enough evidence to convict the pair on the principal charge. They plan to sentence both to two years in prison on a lesser charge. Simultaneously, the police offer each prisoner a ...
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Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ...
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Johan Norberg
Johan Norberg (; born 27 August 1973) is a Swedish author and historian of ideas, devoted to promoting economic globalization and what he describes as classical liberal positions. He is arguably most known as the author of '' In Defense of Global Capitalism'' (2001) and '' Progress: Ten Reasons to Look Forward to the Future'' (2016). Since 15 March 2007 he has been a senior fellow at the Cato Institute, and since January 2017 an executive editor at Free To Choose Media, where he regularly produces documentaries for US public television. Early life and education Johan Norberg was born in Stockholm, the son of former Swedish National Archivist Erik Norberg and his wife Birgitta. He grew up in the suburb of Hässelby in western Stockholm. In his youth, Norberg was active as a left-anarchist but later abandoned those views and became a classical liberal. According to the biography given at his personal website, Norberg was disillusioned with the anarchist view of liberty when he ...
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Andreas Bergh
Deathstars is a Swedish industrial metal band from Strömstad. Formed in 2000, the group are noted for their dark horror-themed lyrics, pessimistic and misanthropic social commentary, distinctive trademark face paint, dark stage uniforms and physical appearances that correspond to gothic fashion. They have released four full-length studio albums; ''Synthetic Generation'' (2002 in Europe and 2003 in North America, North and South America), ''Termination Bliss'' (2006), ''Night Electric Night'' (2009), and ''The Perfect Cult'' (2014). Deathstars have supported live acts by bands such as Korn and Cradle of Filth, the latter of which were part of the inspiration for Deathstars. Deathstars also supported Rammstein on their Made In Germany 1995–2011 tour. The current lineup of the band consists primarily of members from Swordmaster, a black metal project that has former members of Dissection (band), Dissection, and Ophthalamia. The band currently consists of lead guitarist Nightmare ...
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Henrik Jordahl
Henrik is a male given name of Germanic origin, primarily used in Scandinavia, Estonia, Hungary and Slovenia. In Poland, the name is spelt Henryk but pronounced similarly. Equivalents in other languages are Henry (English), Heiki (Estonian), Heikki (Finnish), Henryk (Polish), Hendrik (Dutch), Heinrich (German), Enrico (Italian), Henri (French), Enrique (Spanish) and Henrique (Portuguese). It means 'Ruler of the home' or 'Lord of the house'. People named Henrik include: * Henrik, Prince Consort of Denmark (1934–2018) * Prince Henrik of Denmark (born 2009) * Henrik Agerbeck (born 1956), Danish footballer * Henrik Andersson (badminton) (born 1977), Swedish player * Henrik Christiansen (other) * Henrik Dagård (born 1969), Swedish decathlete * Henrik Dam (1895-1976), Danish biochemist, physiologist and Nobel laureate * Henrik Dettmann (born 1958), Finnish basketball coach * Henrik Otto Donner (1939-2013), Finnish composer and musician * Henrik Fisker (born 1963), Danish au ...
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Microeconomic
Microeconomics is a branch of mainstream economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics focuses on the study of individual markets, sectors, or industries as opposed to the national economy as whole, which is studied in macroeconomics. One goal of microeconomics is to analyze the market mechanisms that establish relative prices among goods and services and allocate limited resources among alternative uses. Microeconomics shows conditions under which free markets lead to desirable allocations. It also analyzes market failure, where markets fail to produce efficient results. While microeconomics focuses on firms and individuals, macroeconomics focuses on the sum total of economic activity, dealing with the issues of growth, inflation, and unemployment and with national policies relating to these issues. Microeconomics also deal ...
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Market Fundamentalism
Market fundamentalism, also known as free-market fundamentalism, is a term applied to a strong belief in the ability of unregulated ''laissez-faire'' or free-market capitalist policies to solve most economic and social problems. It is often used as pejorative by critics of said beliefs.''market fundemmentalism'', UNESCWA/ref> Origins and use Palagummi Sainath believes Jeremy Seabrook, a journalist and campaigner, first used the term. The term was used by Jonathan Benthall in an ''Anthropology Today'' editorial in 1991 and by John Langmore and John Quiggin in their 1994 book ''Work for All''. According to economist John Quiggin, the standard features of economic fundamentalist rhetoric are dogmatic assertions combined with the claim that anyone who holds contrary views is not a real economist. Quiggin, John. ''Rationalism and Rationality in Economics'', 1999, On Line Opinion,www.onlineopinion.com.au However, Kozul-Wright states in his book ''The Resistible Rise of Market Fun ...
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Neoliberalism
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent factor in the rise of conservative and libertarian organizations, political parties, and think tanks, and predominantly advocated by them, it is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society. The defining features of neoliberalism in both thought and practice have been the subject of substantial scholarly debate. As an economic philosophy, neoliberalism emerged among European liberal scholars in the 1930s as they attempted to revive and renew central ideas from classical liberalism as they saw these ideas diminish ...
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