3 votes

What was economics like as a field before Adam Smith, the father of *modern* economics?

Legendary Indian diplomat of Mauryan era, Kautilya (or Chanakya or Vishnugupt), is Indian equivalent of Adam Smith. It is estimated that he wrote his classic book Arthshastra (literal meaning: ...
Madhur's user avatar
  • 61
3 votes
Accepted

Research question formation

I want to know if it's valid to talk about the economic growth and development of a city instead of a country In principle there is nothing wrong with narrowing your research question down to ...
1muflon1's user avatar
  • 56.4k
2 votes

Developmental studies and industrial policy for the highly developed countries - research trends?

There is a lot of newish research on the adverse consequences of Globalisation and more generally De-industrialization on low skilled workers in developed economies. A good place to start is Autor, ...
Tobias's user avatar
  • 970
2 votes

Why are countries in the Gulf rich but lagging in technological innovation?

Update Resource Curse literature attempts to address the issues you are raising, take a look at here and here. Here is an interesting example of a technology transfer case. Original answer They do,...
london's user avatar
  • 1,990
1 vote

Can you classify EU countries into developing and industrialised, or are they all industrialised?

There is no strict widely accepted definition of developing and industrialized country. Hence you could in principle choose any indicator you can justify. However, HDI looks at number of non-economic ...
1muflon1's user avatar
  • 56.4k
1 vote

Characterizing goods by R&D costs

There is a term "non-rivalrous" which I think captures what you are asking about. Rivalrous goods are your Type B: if I have a fly swatter and give it to you then I no longer have it: if we ...
Paul Johnson's user avatar
1 vote

Why does HDI use log-transformed data for income index?

Decreasing returns to standard of living means that if you add a certain amount $\delta$ to the income of a low income person, then the increase in her standard of living is bigger than if you would ...
tdm's user avatar
  • 12k
1 vote
Accepted

The Effects of Demonetisation

I am not an expert in biology but let me give you some intuition through it. For instance if you have some impurities in your blood. There are two ways to remove that impure blood from your body. 1)...
DrStrangeLove's user avatar
1 vote

How a country is categorized as developed or developing?

The terms developed and developing are UNDP terms. Read the paper at the link below - it goes through the UNDP, World bank and IMF classifications and it's an IMF working paper so i'd class that as ...
Karlhuna's user avatar
  • 111
1 vote

Why are countries in the Gulf rich but lagging in technological innovation?

There is a great deal to consider when discussing resource rich countries. Countries that rely on a single sector have less diverse economies, which can lead to a number of issues (especially if the ...
c4sadler's user avatar
  • 147
1 vote
Accepted

Is NIIP a good measure of a country economical development?

For common definitions of the word development the NIIP would be a very bad measure. The NIIP is a measure of net foreign debt. I don't see any clear first order link between foreign debt or assets ...
Tobias's user avatar
  • 970
1 vote
Accepted

Which measures are there to evaluate a country economical development?

Your question brakes down into: - Alternatives to measure "economic development": there are several ways to interpret what development is, it can be social, intensity of money flows, or volume of "...
JoaoBotelho's user avatar
  • 2,145
1 vote

What are some good books, explaining why the society and economy developed like it is through the history?

I recommend Jared Diamond's Guns, Germs and Steel, for this topic. I don't know what you mean by "the society." Diamond makes it clear that there are many different societies around the world, ...
ahorn's user avatar
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