This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the price–profit–wage rate system. The classical theory is also subjected to empirical testing to show its logical consistency and explanatory content with respect to observed phenomena and key economic policy issues related to various multip…
Despite the historical and political similarities between Portugal and Spain, the contentious responses to austerity diverged in terms of number, rhythm and players. This book compares the contentious responses to austerity in Portugal and Spain during the Eurozone crisis and the Great Recession between 2008 and 2015. While in Spain a sustained wave of mobilisation lasted for three years, invol…
The concepts of cultural diversity and cultural identity are at the forefront of the political debate in many western societies. In Europe, the discussion is stimulated by the political pressures associated with immigration flows, which are increasing in many European countries. The imperatives that current immigration trends impose on European democracies bring to light a number of issues that…
The beginning of the 21st century has seen a rapid change from the industrial economy to a networked economy built on computers, connectivity, and human knowledge. The networked economy is characterized by rapidly changing market conditions and methods of commerce. Instead of leveraging human strength with machines as was done in the industr ial economy, the networked economy leverages human…