This article aims at solving one of the puzzles of Say’s value theory – was it Smithian or utilitarian? – and discussing another one: was Say as a utilitarian following a French tradition or was he – as he pretended to be – a Benthamite? In the first (1803) edition of the Traité...

Dutch nineteenth-century economics was more modern than conventional scholarship has suggested. In a number of studies of individual economists and of the formal aspects of academia, it has been concluded that at least before 1870 there were no original contributions by Dutch economists and...

This article sets out the conceptual framework and results of Regional Quality of Living indicators that were developed in order to benchmark European NUTS2 regions. Nine non-business-related indicators are constructed to support the goal of policy makers to improve the attractiveness of regions...

Aim: This article takes a critical look at the claims made by advocates of an Islamic economy, in particular that it differs fundamentally from capitalism and socialism because it is built "on a superior ethical basis. The aim is to find out whether this claim can be creditably sustained and why...

Aim: This article was written out of a felt need to reflect on the relationship between economic theories and models on the one hand and the empirical world as we experience it on the other. The question is in particular whether it is possible for economic models and theories to say anything...

This article sets out the conceptual framework and results of Regional Quality of Living indicators that were developed in order to benchmark European NUTS2 regions. Nine non-business-related indicators are constructed to support the goal of policy makers to improve the attractiveness of regions...

Na de crisis in Azië zoekt men allerlei manieren om het flitskapitaal aan banden te leggen. De achterliggende gedachte is dat financiële crises veroorzaakt worden door speculanten à la George Soros en het kuddegedrag van beleggers. Onze mening is dat de crisis in Zuidoost-Azië net als de...

The far-reaching liberalization process introduced in Chile after the overthrow of the Allende regime first met with reasonable success, but in the early 1980s a foreign-exchange crisis and a banking crisis appeared to mark the end of the experiment. Liberalization was resumed in 1985 and has...