Fritz Machlup (1902–83), the Austrian-American economist, is recognized as one of the first scholars to examine knowledge as an economic resource and, for more than half a century, …
Proponents of ‘nudge theory’ argue that, because of our human susceptibility to an array of biases, we often make subprime choices and decisions that make us poorer, less healthy, …
More than one hundred years after Thorstein Veblen’s famous article ‘Why is Economics Not an Evolutionary Science?’, Evolutionary Economics is now widely recognized as a highly …
In the memorable words of Ragnar Frisch, econometrics is ‘a unification of the theoretical–quantitative and the empirical–quantitative approach to economic problems’. Beginning to …
As Russia aggressively tries to regain the status of a ‘Great Power’, whether it has the economic capacity to do so has become a matter of enormous topical importance, not just for …
How China continues its integration with the global economy is one of today’s crucial questions, both for China’s own growth prospects and for the rest of the world contending with …
Experimental Economics may be said to have come of age in 2002 with the award to Vernon Smith of the Nobel Memorial Prize. As the Award Committee noted, economics had long been …
The economic principles that underpin international trade, and the many associated issues and controversies that this evergreen topic generates, are dizzying in their complexity. …
Islamic banking refers to a financial system which is consistent with principles of Islamic law (or ‘sharia’) and guided by Islamic economics. In particular, Islamic law prohibits …
China’s Macroeconomic Policy is a key collection of articles that showcase how economic policies have changed—and are changing still—in the world’s second largest economy, in a way …
