Origins of Menger’s thought in French liberal economists

Carl Menger, who became regarded as the founder of the Austrian School, did not only confront the German Historical School and criticize British Classical Political Economy, he also read the French Liberal economists. The link between Say and Menger has already been asserted, but on an intuitive basis. It seemed necessary to give substantial proof of its true extent, as well as to document it with proper archival work—that is done in the present article. Menger’s reading of other French authors: Count Pellegrino Rossi, who succeeded Say at the Collège de France, Michel Chevalier, a major name of the French Industrialization, Frédéric Bastiat, the famous defender of free-trade, is less known. It is also documented here, bringing to light first-hand material, mainly from the Menger Collection located in Japan, and the Perkins Library at Duke University. Thus are acknowledged the origins of Menger’s thought in French liberal economists.

中国传统武术大众化发展的困境及对策

依附于农业文明、传统社会、中国文化……种种之下的中国武术,新时期如何在现代化进程中发挥其精神文明价值,是摆在广大武术及体育教育工作者面前的热门问题。笔者从中国传统武术文化大众化发展的困境出发,提出武术大众化传播中的原则,探讨了如何进一步传播中国传统武术文化,发挥其精髓,进一步为社会的精神文明建设服务。     

徽商经营文化研究综述

研究徽商的经营文化是研究徽商的重要方面,通过对徽商经营文化的研究可以让我们更好的把握徽商的风貌和特性,以及对于认识明清时期的商人精神风貌,对于今天社会主义市场经济条件下如何提高商业经营水平和商业道德都具有重要的启发意义。徽商的经营文化主要分为经营艺术、商业道德、经营特征三方面,对这三方面的研究成果进行归纳和总结,对于从整体上认识徽商具有一定的意义。     

Queues, not just mediocrity: Inefficiency in decentralized markets with vertical differentiation

We analyze a dynamic, decentralized market with endogenous entry, where in each period the active sellers supply one unit of an indivisible service at varying degrees of quality. The customers that have entered the market are randomly matched with the active sellers and prices are set by (complete information) pair-wise bargaining. In its unique steady state, the market leads to an excess diversity of quality and customers may have to suffer costly delays. Notably, efficiency is not regained as per period delay costs disappear. We also show that setting minimal quality standards, such as licensing rules by a professional college, will improve welfare (and even Consumer Surplus), relative to the free market, whenever the inefficiency is caused by a large enough excess supply.     

New developments

This article offers an overview of recent attempts to reconfigure the relationship between state and civil society in Australia. The article offers five models of how state/civil society relations might play out under the Malcolm Turnbull’s Liberal government. These models include corporate, nostalgic, technological, neo-liberal, and the UK government’s Big Society variants. The article concludes that the Turnbull government’s approach to civic renewal is not innovative, and has reverted to a thin corporate model of state/civil society relations.     

Ramsey equilibrium with liberal borrowing

This paper considers a multi-agent one-sector Ramsey equilibrium growth model with borrowing constraints. The extreme borrowing constraint used in the classical version of the model, surveyed in Becker (2006), and the limited form of borrowing constraint examined in Borissov and Dubey (2015) are relaxed to allow more liberal borrowing by the households. A perfect foresight equilibrium is shown to exist in this economy. We describe the steady state equilibria for the liberal borrowing regime and show that as the borrowing regime is progressively liberalized, the steady state wealth inequality increases. Unlike the case of a limited borrowing regime, an equilibrium path need not converge in the case of liberal borrowing regime. We show through an example that a two period cyclic equilibrium exists when agents are allowed to borrow against their two period future wage income. This result is similar to the possibility of non-convergent equilibrium capital stock sequences in the model with no borrowing.     

Tell me a story: Using creative writing in introductory accounting courses to enhance and assess student learning

Low student motivation, apprehension and anxiety towards accounting, and diversity in learning styles are a few incentives for employing non-traditional tools for teaching introductory accounting courses. Three modes of storytelling – fairy tales, fables, and poetry – are used in financial and managerial accounting courses to enhance and assess student learning. We find the storytelling exercises give us good insight as to whether students genuinely understand course content. Students indicate that storytelling helps them to understand accounting concepts and make the course more fun. Assignment outcomes have been used at conferences and campus events and have generated conversations about accounting beyond business faculty.     

河南省武术学校生源现状调查与研究

河南省武术学校在最近几年发展迅速,武术学校数量与规模均有较大发展。随着扩招的进一步深入,如何保证并提高教育质量,成为当前的首要问题。本文从武术学校招生生源调查分析入手,总结河南省武术学校教育的经验与问题,提出合理性建议,期望为我国武术学校教育的发展提供参考。     

GENDER AND THE FOUNDATIONS OF SOCIAL CHOICE: THE ROLE OF SITUATED AGENCY

Amartya Sen defends a rich conception of social choice theory against tendencies to limit social choice theory to the formal investigation of rules of collective decision-making. His understanding of social choice theory makes the field a natural candidate for exploring gender issues in the evaluation of democratic policy. Not surprisingly, Sen has applied the insights he developed from his study of social choice to the evaluation of gender inequality, in particular to women's well-being in the context of the family. I focus on Sen's distinction between well-being and agency, and argue that from the perspective of women's movements and related social movements, the role of agency has so far been unduly neglected in social choice theory.     

From broadway to the Bistro: Partnering with the arts to attract upscale customers

This article discusses the potential benefits to restaurants, especially upscale restaurants, of programs that support the arts. The importance of the arts and culture industry as an economic driver is presented along with an assessment of the state of funding for the arts in the United States. A demographic profile of those who attend arts and cultural events shows the upscale nature of the market. The results of a survey of 274 people demonstrate the positive attitude of respondents toward businesses, particularly restaurants that support the arts.