Questions about Government regulation and agency issues are inherent in political economy as both relate to the operation of markets. Government is involved in setting the rules of the game, so to speak, and agency questions necessarily arise in those organisations where ownership is separated...

Although Keynes did not prepare an explicit investment credo, there is enough material in his writings to produce an integrated account of his Approach to Portfolio Management under the four headings in the title. The starting point is Keynes’ philosophy, the central conception being that the...

This article examines changes in the organisation of the asset management industry, with particular reference to pension schemes. From an initial position engaging mainly in ex post portfolio performance monitoring, investment consultants have come to occupy the central ex ante roles in...

This article argues that New York municipalities should integrate land banks into the tax enforcement process to break the unhealthy cycle perpetuated by real estate and lien speculators. By transferring all tax liens and foreclosed properties to local land banks, municipalities can generate an...