Is there anyone the team sees as leading research into intangibles, human
relationship constructs such as trust, knowledge, social and intellectual
capital? Excuse me if some of these are not dead central in economics
vocabulary. In working with major multinational companies, these are now
core
Economists (and I am one) can smirk at commentators saying 'that there are
more buyers than sellers', but from a market practioners point of view, that
is certainly how it feels at times.
Financial markets have traders who maintain large stocks of whatever they
are trading. When a piece of
I never said that # buyers always and everywhere # of sellers. I specifically said if
the market is operating there is a buyer for every seller. It is certainly true that
specialists on the floor of the NYSE often suspend trading in a stock when there is an
imbalance of orders and that bids on
Not to be picky, (I guess I am) but, isn't Tullock a lawyer by primary
credential and training? I know there are many outstanding legal theorists
[Tullock, Posner, Greg Sidak, Ian Ayers, etc.] who have made significant
contributions in formal economic theory. Then again the role of transaction
Not to be picky, (I guess I am) but, isn't Tullock a lawyer by primary
credential and training
sure, but we can define an economist as one who publishes in economic
journals. Not too many more prolific than Gordon.
Other nobel prizes have been awarded to individuals that weren't
formally trained. Some literature winners were not fiction writers,
a recent physics went to an engineer and medicine/physiology often
goes to non-MD biologists. If people started thinking contribution
to economic thought, then we