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Funkcje państwa i rynku z perspektywy kryzysu finansowego

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Godłów-Legiędź J., Uniwersytet Łódzki; Wydział Ekonomiczno-Socjologiczny; Instytut Ekonomii
Acta Universitatis Lodziensis. Folia Oeconomica
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2011
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vol. 248
EN
The perennial conflict between the supporters of market solutions and interventionism is based on contrasting the market with regulation. The aim of this article is to analyze the opportunities and threats faced by alternative regulation mechanisms from the perspective of the crisis in the global economy, as well as to give an account of contemporary economics from this angle. The article is focused around three hypotheses. First, development of the modern financial sector has changed functions of market prices. Second, it is a mistake to put the market system and regulation in opposition to each other. Third, the underlying cause of the crisis is the violation of classical rules of rational economy. The last one results both from politics and the methodology of contemporary economics.
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Jeszcze raz o marksistowskiej teorii rynkowej

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Godłów-Legiędź J., Instytut Ekonomii Politycznej U. Ł.
Acta Universitatis Lodziensis. Folia Oeconomica
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1988
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vol. 84
EN
Technical interpretation of socially indispensable time, which is represented by Rozenberg, remains in an obvious contradiction with foundations of the Marxist theory of value. The fact that Marx recognizes the impact of social demand on the value creation process ensues not only fron the views on the market value contained in the third volune of Das Kapital but already from the analysis of value in Volume I. The controversy between supportrs of the technical and the economic version was largely due to the fact that the supporters of the technical version were approaching the problem statically, while their opponents were emphasizing insufficiently the necessity of a dynamic approach to the socially indispensable time. In its static approach, the socially indispensable time may be understood in its technical sense, but in such a case we shall be applying a methodological fiction and not an economic category, which should reflect certain real economic processes. On the other hand, in its dynamic approach the concept of socially in di spensable time contains in it an element of social demand in this sense th at through the mechanism of operation of the law of value there appears a trend towards producing amounts of goods corresponding to the social demand.
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Nowa ekonomia instytucjonalna: nowe spojrzenie na istotę gospodarowania i rozwój

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Godłów-Legiędź J., Uniwersytet Łódzki K. H. M. E. i. H. G.
Acta Universitatis Lodziensis. Folia Oeconomica
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2003
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vol. 169
EN
The New institutional economics is critical of the orthodox economics as well as of the old institutionalism. At the same lime new institutionalists build bridges between so different traditions of economic thought as neoclassical economics and institutionalism. They include institutions, transaction costs and the dimension of time in an economic analysis. R. Coase, O. Williamson and D. North emphasize th at effectiveness of markets depends on social, politic and economic in stitutions which influence transaction costs. The consequence is a new approach to economic growth and development, and interesting conclusions for transition from a planned economy to a market economy.
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Stosunek polskich ekonomistów liberalnych okresu międzywojennego do interwencjonizmu państwowego

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Godłów-Legiędź J., Uniwersytet Łódzki Z. H. M. E. i. H. G.
Acta Universitatis Lodziensis. Folia Oeconomica
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1983
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vol. 27
EN
In the inter-war period the traditions of the liberal economy were dominating in the Polish bourgeois economic thought. However, the Polish liberal concepts were considerably differentiated. This differentiation was directly expressed in postulates concerning the scope of the state intervention in the economic life. Adam Krzyżanowski and Adam Heydel voice their views conforming to the spirit of the 19th century liberalism that any state intervention distorts the market parameters providing a basis for allocation decisions, and consequently leads to disturbances in the free-competition mechanism, which ensures maximum profit and social welfare. Władysław Zawadzki and Edward Taylor, adherents of moderate liberalism, taking into account the monopolization process and perceiving complexity of economic processes, admit simultaneously the necessity of restricting the economic freedom and expanding the state intervention. On the other hand, Ferdynand Zweig's concept is of a pronounced neo-liberal character. Zweig represents a trend in liberalism often referred to as social or democratic liberalism and postulates quite radical social reforms admitting a considerable scope of the interventionist policy.
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Czy ekonomia behawioralna odpowiada na wyzwania współczesności?

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Godłów-Legiędź J., Uniwersytet Łódzki W. E.-S.
Acta Universitatis Lodziensis. Folia Oeconomica
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2013
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vol. 281
EN
This paper briefly reviews select key attainments of behavioral economics. That new school of economics have recently increased the explanatory power of economics by providing it with more realistic psychological foundations. Daniel Kahneman has challenged the assumption that individuals behave in a manner consistent with conventional economic theory. However, from viewpoint of institutional methodology, there are important reasons why behavioral economics should research all human behavior as social embedded and social organized. Referring to the causes of the recent crisis, we present view that behavioral economics must be embedded in an institutional paradigm.
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Kapital fizjologiczny jako czynnik wzrostu gospodarczego i dobrobytu społecznego

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Godłów-Legiędź J., Uniwersytet Łódzki K. H. M. E. i. H. G.
Acta Universitatis Lodziensis. Folia Oeconomica
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2007
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vol. 213
PL
Wydrukowano z dostarczonych Wydawnictwu UŁ gotowych materiałów.
EN
Robert Fogel’s economic history has given not only a new and interesting interpretation of the economic past but also the ground to face the challenges of globalization and demographic development. Idea of physiological capital as factor affecting economic growth follows from Fogel’s hypothesis about synergism between rapid technological changes and improvement in human physiology. His theory of technophysiological evolution is also a source of new view on the measurement of economic growth and social welfare. Fogel has convinced us that successful economic and social policy has to be based on a long-run perspective and that research of economic historians is very important for economists and politicians. From secular trends in physiological capital, one can infer implications for policy in health care and education.
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Szkolnictwo wyższe w procesie transformacji ustrojowej w Polsce a jakość kształcenia

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Godłów-Legiędź J.
Studia Prawno-Ekonomiczne
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2016
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vol. XCVIII
197-219
PL
Przedmiotem artykułu jest analiza zmian instytucji formalnych i modelu finansowania szkolnictwa wyższego w Polsce w ostatnich dwu dekadach, a celem – zasygnalizowanie konieczności zachowania większej równowagi w relacji między tradycyjną rolą uniwersytetu a tendencją do jego podporządkowania bieżącym siłom rynkowym. Za metodologiczną podstawę analizy i oceny przemian polskiego szkolnictwa wyższego przyjęto klasyczną ideę spontanicznego rozwoju społecznego i hipotezę interakcji między instytucjami formalnymi i nieformalnymi rozwijaną na gruncie nowej ekonomii instytucjonalnej. Przewodnia teza referatu jest następująca: ewolucja polskiego szkolnictwa wyższego w okresie transformacji ustrojowej w Polsce może być kolejnym argumentem zwolenników rozwijanej przez Friedricha Hayeka tezy Adama Fergusona, iż instytucje społeczne są wprawdzie wynikiem ludzkich działań, ale nie są wynikiem ludzkiego planu. Rozwój sektora prywatnego w szkolnictwie wyższym i niedostatek funduszy publicznych prowadzi do rosnącej konkurencji i presji na krótkookresową efektywność ekonomiczną oraz parametryczny system oceny. Jednakże w sytuacji niezgodności między formalnymi i nieformalnymi instytucjami konkurencja doprowadziła wprawdzie do imponującego wzrostu wskaźników scholaryzacji, ale stało się to w znacznym stopniu kosztem jakości kształcenia. Przekształcenia w polskim szkolnictwie wyższym są elementem ogólniejszych zmian roli uniwersytetów na świecie – zmian, które mogą ograniczać niezależność badań i czynić z niego instrument dominujących sił ekonomicznych.
EN
The paper analysis changes of the formal institutions and the model of funding of the higher education in Poland in the last two decades. It argues that transformation of Polish higher education may validate Adam Ferguson’s idea that social institutions are the result of human action, but not the result of human plan. The paper looks at changes in Polish higher education from the perspective of the new institutional economics, especially a conception of the interaction between formal and informal institutions. The private sector in higher education and the shortage of public funding lead to a greater emphasis on competition, efficiency and performance metrics. Nonetheless when there is no compatibility of the formal and informal institutions, competition and a striving for profits can lead and do to increasing enrollment rates but they hardly ever lead to a better quality of education. What we afraid, there is a tendency to subordinate an university to current political and market forces.
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Interaction between Formal and Informal Insitutions in the Process of Transformation from a Planned to a Market Economy

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Godłów-Legiędź J., Legiędź T.
Comparative Economic Research. Central and Eastern Europe
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2008
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vol. 11
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issue 1/2
PL
Wydrukowano z dostarczonych Wydawnictwu UŁ gotowych materiałów
EN
In the light of new institutional economics and the history of transformation, the nature of social change becomes an issue of primary importance. To explain this phenomenon, the new institutional economics has turned to the theory of interaction between formal and informal institutions. In this article the thesis functions as a tool for interpreting political and economic changes in the countries of Central Europe, the Balkan countries, the Former Soviet Union and in China. Analysis of the Democracy Scores published by Freedom House seems to confirm the dominant presupposition saying that democracy, clarity and observance of social cooperation rules, a high level of social trust, and high moral standards of individua ls favour economic growth. But case of the China transformation shows that i nstitutions that have proved successful in the West does not necessarily provide the best solutions for underdeveloped countries. An optimal transformation policy depends on a given cultural background and political situation. However, despite important differences, some similarities between the transformation processes taking place in different regions and countries are discernible. The common feature of all transformation processes is greed and a lack of responsibility on the part of the ruling elites, which pose the greatest threat to reforms and economic development in the long run.
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