The gold standard: a critique of Friedman, Mundell, Hayek and Greenspan from the free enterprise perspective

Article Abstract:

Keywords: Monetarism, Economic theory, Free trade, Gold, International business This is an essay which takes as its jumping off point the free enterprise system. It then attempts to evaluate the contributions of four distinguished scholars to monetary theory in general, and to an evaluation of the gold standard in particular. I take for granted the general case for markets, competition, economic freedom.(2) The four individuals mentioned in the title have been chosen because they are widely believed to be exemplars of this limited government, free market, political philosophy - and are also opponents of the gold standard. It is one of the purposes of the present contribution to test that very proposition.

United States, Research, Finance

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Performance measurement, budgeting and strategic implementation in the multinational enterprise

Article Abstract:

A study was conducted to investigate the ramifications of the effect of changes on multinational companies' traditional value creation methods in the world economy. The analysis specifically focuses on the impact of these changes on organizational budgeting and performance measurement. Results of the study indicate that the emerging model for multinational corporations is the flexible organization, which is capable of a timely response to changing market forces.

Multinational Corporations, Business Methods, Models, Management, International aspects, International business enterprises, Business planning, Strategic planning (Business)

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