A Rogue Economist Explores the Hidden Side of Everything
Steven D. Levitt & Stephen J. Dubner
A Rogue Economist Explores the Hidden Side of Everything
Steven D. Levitt & Stephen J. Dubner
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This book examines the critical role of financial literacy in enhancing financial inclusion for India's underprivileged populations. Using the Grounded Theory & Case study, this book approaches the ambit of qualitative research to examine the issue of financial inclusion of the marginalized people.
The book explores rationality and normativity through a picoeconomic model of dynamic preference reversals and Ainslie’s personal rule approach. Focusing on negotiations between time-defined selves, it addresses key philosophical issues related to self-control and decision-making over time.
This book revitalises the labour theory of value as a framework for determining production prices and explores its implications for economic theory and policy. In addition, profit maximisation in the vertically integrated wage sector, which satisfies demand financed out of wages, leads to a 100 % rate of profit (or rate of exploitation).
