scholarly journals Turning the Word Upside Down: How Cantillon Redefined the Entrepreneur

2020 ◽  
Vol 23 (3-4) ◽  
pp. 265-280 ◽  
Author(s):  
Mark Thornton

The word entrepreneur originally meant someone who is active, risky, and even violent. In the sixteenth and seventeenth centuries it was used to denote a contractor who built large structures and fortifications for the government or provided supplies for the military for a contracted price but largely uncertain future costs. In contrast, Cantillon (1755) defined the entrepreneur as someone buying goods and resources at current market prices to be sold in the future at uncertain prices. His definition was adopted by the leading French economists of the time, and as a result it eventually became the common usage of the term, as will be seen in a sample of French dictionaries over time. In this remarkable and largely unrecognized transformation, Cantillon essentially turned the word upside down. Cantillon’s entrepreneur was self-regulating on the basis of profit and loss, and thus became the foundation on which he was able to construct theories and models of the market economy, which we know as economic theory. His definition is essentially that of Frank Knight and Ludwig von Mises, so it has important implications for the development of the Chicago and Austrian schools of economics.

2017 ◽  
Vol 67 (2) ◽  
pp. 215-234 ◽  
Author(s):  
Robin Maialeh

The aim of the study is to prove that agents organised by market forces tend to create and even more so deepen economic disparities over time. Empirical studies do not reliably describe the trend and causes of interpersonal global inequality in recent decades. Hence, the attention is turned to general economic theory with inspiration from Schumpeterian and neoclassical theories. The results indicate that pure market economy logic will tend to lead to multi-level divergence.


2017 ◽  
Vol 23 (1) ◽  
pp. 292-297
Author(s):  
Robert Stănciulescu ◽  
Elvira Beldiman

Abstract Didactics is, in the etymological sense, the science of learning, a science that has evolved over time under the influence of the maturing of the other sciences of education and as a result of relations with other scientific fields. Through the common subject (the learning process, training through the learning process), didactics is associated with the training theory.


2020 ◽  
pp. 100-118
Author(s):  
Idean Salehyan

According to conventional wisdom, states have a monopoly on the legitimate use of force within their territories, and delegate its operation to closely held state agents such as the military and police. Yet when faced with insurgencies, states often enlist the support of paramilitary organizations or militias. The competence–control tradeoff is especially stark in these cases, as states depend on capable militias to fight insurgents, but also risk losing control over them. This chapter examines the tradeoff in light of the relationship between militia groups and the Iraqi government. To bring a semblance of security to Iraq, both the United States and the Iraqi government used paramilitary groups such as the Sons of Iraq and the Kurdish Peshmerga. Following the withdrawal of US troops, the government has become increasingly beholden to Shia militias, yet the case defies a simple, sectarian logic. This chapter examines the choice of governance strategy vis-à-vis militias in Iraq, and changes in that strategy over time, providing insights into the governor’s dilemma, counterinsurgency strategy, and state formation.


Global Focus ◽  
2021 ◽  
Vol 1 (2) ◽  
pp. 150-163
Author(s):  
Bima Nur Muhammad Rizky

Aid has transformed into a promising tool of policy to spread, gain, or maintain power and influence internationally. One of the common aid institutions keeps actively promoting and pushing norms and values of democracy internationally in the United States through USAID. Upon that, one of the recipient countries to receive USAID programs in Myanmar. USAID has been focusing on and pushing democratization to occur in Myanmar and creating supporting programs to respond to the 2015 election, increasing the number of aids after the majority win of the NLD Party in the 2015 election. However, after the military coup successfully seized the government on February 1, 2021, USAID decided to shift its programs to support the civil society movement and strengthen democracy in Myanmar. Within this paper, there will be explanations of how USAID's programs after the military coup occurred in Myanmar, and why it matters to the United States not fully to halt their programs and aids of USAID. This paper will also show how USAID programs and aid to Myanmar before the coup.


1988 ◽  
Vol 19 (3) ◽  
pp. 251-258 ◽  
Author(s):  
Virginia I. Wolfe ◽  
Suzanne D. Blocker ◽  
Norma J. Prater

Articulatory generalization of velar cognates /k/, /g/ in two phonologically disordered children was studied over time as a function of sequential word-morpheme position training. Although patterns of contextual acquisition differed, correct responses to the word-medial, inflected context (e.g., "picking," "hugging") occurred earlier and exceeded those to the word-medial, noninflected context (e.g., "bacon," "wagon"). This finding indicates that the common view of the word-medial position as a unitary concept is an oversimplification. Possible explanations for superior generalization to the word-medial, inflected position are discussed in terms of coarticulation, perceptual salience, and the representational integrity of the word.


Author(s):  
Necati Polat

This book explores the transformation of Turkey’s political regime from 2002 under the AKP rule. Turkey has been through a series of major political shifts historically, roughly from the mid-19th century. The book details the most recent change, locating it in its broader historical setting. Beginning with the AKP rule from late 2002, supported by a wide informal coalition that included liberals, it describes how the ‘former’ Islamists gradually acquired full power between 2007 and 2011. It then chronicles the subsequent phase, looking at politics and rights under the amorphous new order. This highly accessible assessment of the change in question places it in the larger context of political modernisation in the country over the past 150 or so years, covering all of the main issues in contemporary Turkish politics: the religious and secular divide, the Kurds, the military, foreign policy orientation, the state of human rights, the effective concentration of powers in the government and a rule by policy, rather than law, initiated by Erdogan’s increasingly authoritarian populism. The discussion at once situates Turkey in the broader milieu of the Arab Spring, especially in terms of Islamist politics and Muslim piety in the public sphere, with some emphasis on ‘Islamo-nationalism’ (Millî Görüş) as a local Islamist variety. Effortlessly blending history, politics, law, social theory and philosophy in making sense of the change, the book uses the concept of mimesis to show that continuity is a key element in Turkish politics, despite the series of radical breaks that have occurred.


2019 ◽  
Vol 2 (1) ◽  
pp. 336-346
Author(s):  
Dhamon Oridilla B

Candi Village in Bandungan District is one of the Chili Supply Sub-district for Semarang Regency and surrounding area has agro-climate suitable for the development of various agricultural commodities supported by wide market opportunity, so it is suitable for agricultural business development. The purpose of this research is to identify the distribution pattern of red pepper, to know each value of commodity chains and distribution, to design alternative distribution pattern of red pepper.Population in this research is 88 respondents from 735 of member of chilli farmer in Desa Candi with total area of 150,3 hectare consisting of rice field, moor and yard. Methods of data analyst using quantitative approach is done by using Margin Marketing Analysis. The results include: (1) The pattern of distribution of existing farming business grows naturally in accordance with the developments and needs of the perpetrators, the actors in this pattern are farmers, wholesalers, collectors, wholesalers, retailers, consumers. (2) The value of the red chili commodity chain in this naturally grown pattern often makes pricing more dominant by traders, so farmers receive prices slightly lower than market prices. (3) Some obstacles faced in distributing red peppers are the difficulty of changing the mindset of the community about advanced farming, this is best utilized by market participants (chain of distribution) who are more informed and always keep abreast of market dynamics. Conventional marketing pattern by farmer cause price level accepted by farmer in general relatively smaller compared to price received by trader. Suggestions shorten the chain of distribution patterns, increase the added value of products and improve the bargaining position of farmers and for the government always guide / accompany farmers in getting accurate market information, which can be used as farmers in bargaining, Increased market transparency can act as a trigger for the functioning of a market, improved competition and increased adaptation to meet the needs of supply and opportunity to compete with market prices. Desa Candi di Kabupaten Bandungan adalah salah satu Kecamatan Penyedia Cabai untuk Kabupaten Semarang dan sekitarnya memiliki agroklimat yang cocok untuk pengembangan berbagai komoditas pertanian yang didukung oleh peluang pasar yang luas, sehingga sangat cocok untuk pengembangan bisnis pertanian. Tujuan dari penelitian ini adalah untuk mengidentifikasi pola distribusi cabai merah, untuk mengetahui masing-masing nilai rantai komoditas dan distribusi, untuk merancang alternatif pola distribusi cabai merah. Populasi dalam penelitian ini adalah 88 responden dari 735 anggota petani cabai di Desa Candi dengan total luas 150,3 hektar yang terdiri dari sawah, tegalan dan pekarangan. Metode analis data menggunakan pendekatan kuantitatif dilakukan dengan menggunakan Analisis Pemasaran Margin. Hasil meliputi: (1) Pola distribusi usaha pertanian yang ada tumbuh secara alami sesuai dengan perkembangan dan kebutuhan pelaku, pelaku dalam pola ini adalah petani, pedagang besar, pengumpul, pedagang besar, pedagang besar, pengecer, konsumen. (2) Nilai rantai komoditas cabai merah dalam pola yang dikembangkan secara alami ini sering membuat penetapan harga lebih dominan oleh para pedagang, sehingga petani menerima harga yang sedikit lebih rendah daripada harga pasar. (3) Beberapa kendala yang dihadapi dalam mendistribusikan paprika merah adalah sulitnya mengubah pola pikir masyarakat tentang pertanian maju, hal ini paling baik digunakan oleh pelaku pasar (rantai distribusi) yang lebih banyak informasi dan selalu mengikuti perkembangan dinamika pasar. Pola pemasaran konvensional oleh petani menyebabkan tingkat harga yang diterima petani pada umumnya relatif lebih kecil dibandingkan dengan harga yang diterima pedagang. Saran mempersingkat rantai pola distribusi, meningkatkan nilai tambah produk dan meningkatkan posisi tawar petani dan bagi pemerintah selalu membimbing / menemani petani dalam mendapatkan informasi pasar yang akurat, yang dapat digunakan sebagai petani dalam tawar-menawar, Peningkatan transparansi pasar dapat bertindak sebagai pemicu berfungsinya pasar, meningkatnya kompetisi dan peningkatan adaptasi untuk memenuhi kebutuhan pasokan dan peluang untuk bersaing dengan harga pasar.


1987 ◽  
Vol 26 (4) ◽  
pp. 401-417
Author(s):  
Sarfraz K. Qureshi

Intersectoral terms of trade play a cruc1al role in determining the sectoral distribution of income and resource allocation in the developing countries. The significance of intra-sectoral terms of trade for the allocation of resources within the agricultural sector is also widely accepted by research scholars and policy-makers. In the context of planned development, the government specifies production targets for the agricultural sector and for different crops. The intervention of government in the field of price determination has important implications for the achievement of planned targets. In Pakistan, there is a feeling among many groups including farmers and politicians with a rural background that prices of agricultural crops have not kept their parities intact over time and that prices generally do not cover the costs of production. The feeling that production incentives for agriculture have been eroded is especially strong for the period since the early 1970s. It is argued that strong inflationary pressures supported by a policy of withdrawal of government subsidies on agricultural inputs have resulted in rapid increases in the prices paid by agriculturists and that increases in the prices received by farmers were not enough to compensate them for the rising prices of agricultural inputs and consumption goods.


2017 ◽  
Vol 68 (7) ◽  
pp. 1438-1441 ◽  
Author(s):  
Sorin Berbece ◽  
Dan Iliescu ◽  
Valeriu Ardeleanu ◽  
Alexandru Nicolau ◽  
Radu Cristian Jecan

Obesity represents a global health problem. According to the latest studies released by the World Health Organisation (WHO), 1.7 billion currently in excess of normal weight individuals, of which approx. 75% are overweight (body mass index - BMI 25 to 30). The common form of excess adipose tissue manifestation in overweight individuals is localized fat deposits with high (abdominal) or low (buttocks and thighs) disposition. Although the overweight can be corrected relatively easy by changing behavioral habits or food, a constant physical exercises program or following a diet food are not accessible to all through the efforts of will, financial and time involved. Several methods have been studied and tested over time to eliminate more or less invasive fat deposits with varying efficacy and adverse effects. Chemical lipolysis using phosphatidylcholine as the basic substance was initially used in hypercholesterolemia and its complications and was rapidly adopted in mesotherapy techniques for the treatment of fat deposits. This study reveals the results obtained using Dermastabilon on a sample of 16 patients, the time allocated to treatment and discomfort being minimal, and rapid and notable results. There were no side effects.


Author(s):  
Robert Sugden

Chapter 8 asks what properties a market economy must have if it is to be psychologically stable—that is, if it is to reproduce a general belief that its governing principles are fair. I argue that, because of the division of knowledge and because the opportunities open to each person depend on how other people choose to use their opportunities, full equality of opportunity is not compatible with a market economy. Psychological stability has to rest on continuing expectations of mutual benefit, defined relative to a baseline that evolves over time and that cannot be justified in terms of abstract principles of fairness. However, if the market is to be recommended to each individual separately, each individual must be able to expect to share in the benefits that markets create. Maintaining such expectations typically requires redistributive mechanisms.


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