This paper examines the influences of Aristotelian moral economic thought on Marx’s labor theory. This paper looks at certain moral ethical frameworks attributed to Aristotle and later used by Marx in developing his ideas on communism. The similarities between Marx’s labor theory and Aristotle’s ethical theories, including those on human flourishing (eudaimonia), justice and exchange, will be e...

— This paper analyses how coffee-producing households responded to the low coffee prices prevailing around 2003. We provide theory on differential responses in regions dedicated to coffee growing, compared to more diversified or better accessible regions. We show how labor market effects can explain why in the former regions value-adding activities (processing, certification) are undertaken whi...

OBJECTIVES To assess whether there is an association between high lactate concentration in amniotic fluid (AF) and labor dystocia. DESIGN Prospective observational study. SETTING Labor ward at General South Hospital, Stockholm, Sweden. POPULATION AND METHODS Women in active labor attending labor ward, having at least two consecutive measurements of lactate concentration in AF, measured 60...

The paper analyses dynamic investment behaviour and labour demand of the nancially restricted rm. It shows that rm development is characterised by a negative correlation between leverage and the stocks of capital and labour but a positive correlation between leverage and investment and labour hiring. The paper explains The paper explains why rm growth is decreasing with rm size and age, and why...

Standard economic analysis holds that labor market rigidities are harmful for job creation and typically increase unemployment. But many orthodox reforms of the labor market have proved di±cult to implement because of political opposition. For these reasons it is important to explain why we observe such regulations. In this paper I outline a theory of how they may arise and why they ̄t together...

An efficient managerial labor market should compensate executives according to their contribution to shareholder value. We provide novel empirical evidence about the relationship between executive pay and managerial contribution to value by exploiting the exogenous variation resulting from stock price reactions to sudden deaths. We find, first, that the managerial labor market is characterized ...

In a period in which capital has been on the offensive for many years, using debt and financial crises as rationales for wielding austerity to hammer down wages and social services and terrorism as an excuse for attacking civil liberties, it is important to realize that the origins of this long period of crisis lay in the struggles of people to free their lives from the endless subordination to...