Paradoxes of Prosperity in China's New Capitalism

GOOD CAPITALISM, BAD CAPITALISM, AND THE ECONOMICS OF GROWTH AND PROSPERITY good capitalism, bad capitalism, and the economics of growth and prosperity

Economic Growth, Capitalism and Unknown Economic Paradoxes

The paper deals with failures of capitalism or free market and presents the results of economic analysis by applying a logistic capital growth model. The application of a logistic growth model for analysis of economic bubbles reveals the fundamental causes of bubble formation—economic paradoxes related with phenomena of saturated markets: the paradox of growing returnability and the paradoxes o...

New paradoxes in intertemporal choice

Similar to research on risky choice, the traditional analysis of intertemporal choice takes the view that an individual behaves so as to maximize the discounted sum of all future utilities. The well-known Allais paradox contradicts the fundamental postulates of maximizing the expected value or utility of a risky option. We describe a violation of the law of diminishing marginal utility as well ...

Crony Capitalism and Democracy: Paradoxes of Electoral Competition in Russia’s Regions

The phenomenon of crony capitalism has been explored primarily with reference to its impact on economic growth. This study investigates the political implications of crony capitalism and, specifically, the interaction between political competition and crony capitalism. Based on a case study of political trajectories in two regions of the Russian Federation, I argue that under crony capitalism p...

THE SEVEN PARADOXES OF CAPITALISM..... .....Or is a theory of modern economies still possible?