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Cyclopedia of Economics

By: Sam Vaknin

... Cyclopedia Of Philosophy 4th EDITION Sam Vaknin, Ph.D. Editing and Design: Lidija Rangelovsk... ...anctity of Human Life" by Baruch A. Brody). One form of calculus is the utilitarian theory. It calls for the maximization of utility (life, happines... ...es. Despite strong philosophical objections to some of the premises of utilitarian theory - I agree with its practical prescriptions. In this cont... ...or falsified. Attaining an achievement involves the construction of an ad-hoc mini theory. Reality has to be thoroughly surveyed, models constructe... ...ghly permeated and transformed. It is not surprising that the Internet - a chaotic network with an anarchic modus operandi - flourished at these ti... ...manner similar to al-Qaida: they freelance and self- assemble ad hoc in cross-border networks to tackle specific issues. Jewish organizations - many ... ...learned to closely cooperate in order to survive. No wonder that all modern global networks - from Rothschild to Reuters - were established by Jews... ...se formal logical niches that superstition thrives. Appendix - Interview granted by Sam Vaknin to Adam Anderson 1. Do you believe that superstition... ... the successful and happy exchange of goods and services. THE AUTHOR Shmuel (Sam) Vaknin Curriculum Vitae Born in 1961 in Qiryat-Yam...

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Capitalistic Musings

By: Sam Vaknin

... Capitalistic Musings 1 st EDITION Sam Vaknin, Ph.D. Editing and Design: Lidija Rangelovsk... ...to: palma@unet.com.mk or to vaknin@link.com.mk Visit the Author Archive of Dr. Sam Vaknin in "Central Europe Review": http://www.ce-review.org/... ...w": http://www.ce-review.org/authorarchives/vaknin_archive/vaknin_main.html Visit Sam Vaknin's United Press International (UPI) Article Archive – C... ...t XIX. Scavenger Economies, Predator Economies XX. Notes on the Economics of Game Theory XXI. Knowledge and Power XXII. Market Impeders and Mark... ... far better results. The outcome has been an embarrassing divorce between economic theory and its subjects. The economic actor is assumed to be con... ...f-interest" as the pursuit of the fulfillment of preferences is a tautology. The theory fails to predict important phenomena such as "strong reci... ...fic nature of knowledge industries (where returns increase rather than diminish and network effects prevail). Thus, current economic thinking is wo... ...can be used by everyone simultaneously). Such ease of replication gives rise to network effects and awards first movers with a monopolistic or o... ...ing a market is never cheap, nor easy. Huge sunk costs are required to counter the network effects of more veteran products as well as the competit...

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