The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity.
The theory of spontaneous order conceptualises and explains a number of institutional and social phenomena that are not an intended effect of either individual decisions or a collective consensus but an unplanned outcome of interactions between people pursuing their own aims.
Originally published in 1940, this book traces the development of theories concerning currency and credit from the beginning of the eighteenth century to the middle of the twentieth.
Presents recent developments of probabilistic assessment of systems dependability based on stochastic models, including graph theory, finite state automaton and language theory, for both dynamic and hybrid contexts.
In this book, first published in 1961, under the general editorship of Arthur Seldon of the Institute of Economic Affairs, ten eminent writers, economists, philosophers, and a legal authority have set down their views on the principles and policies of a free society in a rapidly changing world.
Research in the History of Economic Thought and Methodology is an annual research series which presents materials in two fields, both broadly considered: the history of economic thought and the methodology of economics.
Since the appearance of macroeconomics in the 1940s, economists have created many theoretical frameworks to explain the origin and mechanism of economic fluctuations.
Winner of the Rik Davidson/Studies in Political Economy 2022 Book PrizeA key text, Capitalist Political Economy: Thinkers and Theories analyses the field-forming theoretical contributions to political economy that have defined, debated, critiqued, and defended capitalism for more than three centuries.
Innovations in Economic Education addresses the growing issue of financial illiteracy by showing how economics can be successfully integrated into classrooms from kindergarten through higher education.
The essays in this book, originally published in 1984, examine many problems within the structure of industry including wage policies, financial incentives and other economic policies.
Sometime in your business life you've looked up from the task or person in front of you, paused before your head explodes, and thought to yourself, "e;There's got to be a better way!
Conventional economic theory assumes that consumers are fully rational, that they have well-defined preferences and easily understand the market environment.
Certain key economic decisions taken by organizations and indeed countries are often not made by economists but by businessmen, trade unionists, politicians and policy-makers.
This book, first published in 1934, provides a discussion of the important facts and underlying principles of the financial problems that the American people were facing after the Great Depression.
Research on the spatial aspects of economic activity has flourished over the past decade due to the emergence of new theory, new data, and an intense interest on the part of policymakers, especially in Europe but increasingly in North America and elsewhere as well.
As Artificial Intelligence (AI) seizes all aspects of human life, there is a fundamental shift in the way in which humans are thinking of and doing things.
Donald Trump's 2016 victory shocked the world, but his appeals to the economic discontent of the white working class should not be so surprising, as stagnant wages for the many have been matched with skyrocketing incomes for the few.
The essays in this edited collection, first published in 1986, focus on important debates surrounding the central Marxian problem of the transformation of values into prices.
This book consists of a dialogue between two interlocutors, Pablo and a student, who discuss a great range of issues in social philosophy and political theory, and in particular, the emergence, working properties and economic effects of institutions.
