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complexity economics

Az Ipar 4.0 komplexitása – I. / The Complexity of Industry 4.0 – Part I./

Kovács, O. (2017): Az Ipar 4.0 komplexitása – I. Economic Review, Vol. 64., July-August 2017, pp. 823-851, DOI:10.18414/KSZ.2017.7-8.823 Kovács, O. (2017): Az Ipar 4.0 komplexitása – II. Economic Review, Vol. 64., September, 2017. pp. 970-987. DOI:10.18414/KSZ.2017.9.970 Abstract in Hungarian Kétrészes tanulmányunk célja, hogy egy összetettebb megközelítéssel meghaladjuk a negyedik ipari forradalomról szó
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An Old Theory vs. Complexity – Federalism, transfer system and (non)growth

For a long time, economic literature (theoretical and empirical) suggested that one of the best performing countries (in terms of innovativeness, productivity, growth, democracy, decreasing inequality etc.) are those having highly decentralised system, the so called fiscal federalism and the associated transfer system. Germany is one of those countries. The apropos of this short rudimentary post is the recent evidenc
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