During the last interwar years and the first three years of the Second World War, relations between states considerably deteriorated. In 1943, David Mitrany published at Chatham House, his well-known work “A Working Peace System”, in which he expressed his own arguments against the...

Austrian insights on the limits of central planning, the pervasiveness of knowledge problems, and the importance of the entrepreneur in coordinating social change have yielded substantive contributions to the literature on how individuals and communities respond to both natural and unnatural, or...

Using General William Sherman's 1864–65 military march through Georgia, South Carolina, and North Carolina during the American Civil War, this paper studies the effect of capital destruction on medium and long-run local economic activity, and the role of financial markets in the recovery...