Economia
Médias, agregados e teoria econômica
Averages and Aggregates
by Louis M. Spadaro
In an interesting, though apparently neglected, aside, Professor Hayek has remarked that " … neither aggregates nor averages do act upon one another, and it will never be possible to establish necessary connections of cause and effect between them as we can between individual phenomena, individual prices, etc. I would even go so far as to assert that, from the very nature of economic theory, averages can never form a link in its reasoning."
Mais
loading...
-
Brazil And The Imf.
Transcript of a Press Briefing on the International Monetary Fund’s Global Financial Stability Report - April 20, 2010 - Washington, DC. QUESTION: Good morning. Would you identify Brazil as a hotspot regarding the capital flows, and would you recommend...
-
O Cíclo De Negócios - Minsky E Hayek
Minsky and Hayek: Connections
without comments
As Tyler Cowen argues, there are many similarities between Hayek’s and Minsky’s views on business cycles. Fundamentally, they both describe the “fundamental impossibility in maintaining orderly...
-
Escola Austríaca De Economia - Cada Vez Mais "sexy"
Following is the article/essay on Austrian School of Economics by Peter Boettke. Here, I intend to inform the laymen, obstructionists and egonomists about this splendid school. According to him, “Economics is the sexiest subject.” ...
The Science...
-
Não-ergodicidade
Non-Ergodic Economics
Stochastic multiplicative growth, specifically geometric Brownian
motion, plays a central role in finance an in economics. The non-ergodicity of
this process manifests itself as a difference between ensemble and time average
growth...
-
Petrobras
Nov. 10 (Bloomberg) -- Petroleo Brasileiro SA, the investor darling among the world's largest oil companies in the first half of the year, has become the biggest loser.
Petrobras, as Brazil's state-controlled oil producer is known, is the worst...
Economia