Archive for May, 2010

Modern Economic Development

Consequently, the countries that implemented  scientific-technical and industrial capital investment policy in prospective fields will be given a competitive advantage. Innovative way of development in investment policy. Highly development countries. that creates favorable conditions  for production growth on the basis of scientific innovations. The state may avoid the responsibility of developing   the production activities , [...]

Science, Ideology, and Economics

Alan Greenspan’s The Age of Turbulence contains a chapter titled The Modes of Capitalism which is full of revelations which Mr. Greenspan unfortunately failes to recognize. The chapter describes the various forms Capitalism has taken in a number of countries, mostly North American and European. Of course, economists shun the word sect, preferring instead the [...]

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