Earth economics studies the economy of our planet from the perspective of an autarkic system (a “closed economy”). It ignores the constituent national and regional parts of the planet economy and focuses on the whole. The book respects the heritages of IS/LM (Keynes) and neoclassical growth (Solow) not out of economic respect but because these tools are very useful in understanding the crisis and the policy response to that crisis.
examine sources of biased terror perceptions. In particular, we investigate how
international experts of the IFO World Economic Survey assess the effect of
terror on the world economy and the economy of their own country. The results
show that respondents from terror stricken countries have more favorable views
on the effect of terror on the word economy (but not on their own countries).
Male respondents and those from democratic and richer countries are likewise