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Liberalism's last man: Hayek in the age of political capitalism By Vikash Yadav, University of Chicago Press. 2023. pp. 288. $35.00 (hbk). ISBN: 978-0226821474. $34.99 (ebk). ISBN: 978-0226827360 自由主义的最后一人：政治资本主义时代的哈耶克 作者：Vikash Yadav，芝加哥大学出版社。 2023. pp.$35.00 (hbk).ISBN：978-0226821474。34.99 美元（电子书）。ISBN: 978-0226827360
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12653
Joshua Bowden
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引用次数: 0
Seven reasons why mission-oriented innovation policies seldom work in practice 以使命为导向的创新政策在实践中很少奏效的七个原因
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12654
Magnus Henrekson, Christian Sandström, Mikael Stenkula
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引用次数: 0
Economic Affairs Applied Research Workshop 2024 Advancing a Classical Liberal Understanding of the Agenda for a Free Society 经济事务应用研究工作坊 2024 推进古典自由主义对自由社会议程的理解
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12658
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引用次数: 0
The effect of economic uncertainty on remittance flows from developed countries 经济不确定性对发达国家汇款流动的影响
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12634
Sèna Kimm Gnangnon

This article investigates the effect of economic uncertainty on remittances sent by migrants residing in developed countries to their home countries. The analysis builds on the economic uncertainty index developed by Ahir et al. that reflects the uncertainty related to economic and political events, regarding both near-term and long-term concerns. Economic uncertainty has deleterious effects on remittance outflows from developed countries, especially when uncertainty reaches high levels. Developing countries would therefore suffer from reduced remittance inflows if the current fragmentation of the world were to become protracted, resulting in higher barriers to the movement of capital and people.

本文研究了经济不确定性对居住在发达国家的移民向本国汇款的影响。分析以 Ahir 等人开发的经济不确定性指数为基础，该指数反映了与经济和政治事件有关的不确定性，既涉及近期问题，也涉及长期问题。经济不确定性会对发达国家的汇款外流产生有害影响，尤其是当不确定性达到较高水平时。因此，如果当前的世界分裂现象长期存在，导致资本和人员流动的障碍增加，发展中国家的汇款流入就会减少。
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引用次数: 0
The scholastic perspective on the time value of money and the contribution of Martín de Azpilcueta (1491–1586) 从学术角度看货币的时间价值和马丁-阿兹皮尔库埃塔（1491-1586 年）的贡献
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12651
Mohammadhosein Bahmanpour-Khalesi, Mohammadjavad Sharifzadeh

This study explores the historical background of the time value of money theory developed within the Austrian School, focusing on the contributions of its Scholastic antecedents. Although the Scholastics had a different starting point from the Austrians in analysing the nature of the time value of money, they ultimately reached a similar understanding. We present a new interpretation of Martín de Azpilcueta's theory, demonstrating that while he cannot be considered the sole originator of the time value of money theory, the role of Scholastic thinkers in its development should not be ignored.

本研究探讨了在奥地利学派内发展起来的货币时间价值理论的历史背景，重点关注其前身学派的贡献。虽然学派在分析货币时间价值的本质时与奥地利学派的出发点不同，但他们最终达成了相似的理解。我们对马丁-德-阿兹皮尔库埃塔的理论进行了新的诠释，表明虽然他不能被视为货币时间价值理论的唯一创始人，但学派思想家在该理论发展过程中的作用不容忽视。
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引用次数: 0
Ralph Hawtrey: A forgotten pioneer of macroeconomics 拉尔夫-霍特里被遗忘的宏观经济学先驱
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12647
David Glasner

This article considers the contributions of Ralph Hawtrey to monetary theory and macroeconomics, focusing on his monetary business cycle theory and his monetary explanation of the Great Depression. Unlike Milton Friedman's US-centred explanation of the Great Depression, Hawtrey's was focused on the international gold standard that collapsed with the outset of World War I and the attempt to restore it. Hawtrey urged that, after restoration of the gold standard, increased monetary demand for gold be restrained to prevent gold appreciation and deflation. But deliberate French gold accumulation in 1928 and interest-rate increases by the Federal Reserve, led to the ruinous deflation foreseen by Hawtrey. The article then critically evaluates recent discussions of Hawtrey's contributions in books by Hetzel (2023) and Mattei (2022).

本文探讨了拉尔夫-霍特里对货币理论和宏观经济学的贡献，重点是他的货币商业周期理论及其对大萧条的货币解释。与米尔顿-弗里德曼以美国为中心对大萧条的解释不同，霍特里的解释侧重于随着第一次世界大战爆发而崩溃的国际金本位制以及恢复金本位制的尝试。霍特里敦促在恢复金本位之后，抑制对黄金的货币需求增长，以防止黄金升值和通货紧缩。但法国在 1928 年蓄意积累黄金以及美联储提高利率，导致了霍特里所预见的毁灭性通货紧缩。文章随后批判性地评价了最近在 Hetzel（2023 年）和 Mattei（2022 年）的著作中对霍特里贡献的讨论。
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引用次数: 0
Monetary system stability as a precondition for local and international order 货币体系的稳定是地方和国际秩序的先决条件
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12642
Paul Tucker
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引用次数: 0
May contain lies: How stories, statistics and studies exploit our biases – and what we can do about it By Alex Edmans. Penguin Random House. 2024. pp. 310. £18.99 (hbk). ISBN: 978-0241630167. £9.99 (ebk). ISBN: 978-0241630174 可能包含谎言：故事、统计和研究如何利用我们的偏见--以及我们能做些什么 作者：亚历克斯-埃德曼斯。企鹅兰登书屋。 2024. pp. 310.18.99英镑（精装本）。ISBN: 978-0241630167.ISBN: 978-0241630174
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12649
Andy Mayer
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引用次数: 0
Do social justice fallacies imply social justice is a fallacy? 社会正义谬论是否意味着社会正义是一种谬论？
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12637
Kaveh Pourvand
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引用次数: 0
Rebuilding the Roman imperial currency in nineteenth century Britain 在十九世纪的英国重建罗马帝国货币
IF 1 Q3 ECONOMICS
ECONOMIC AFFAIRS
Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12641
George Maher
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引用次数: 0
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