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Reviving the Invisible Hand is an uncompromising call for a global return to a classical liberal economic order, free of interference from governments and international organizations. Arguing for a revival of the invisible hand of free international trade and global capital, eminent economist...
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A novel attempt has been made to use Moth Flame Optimization (MFO) algorithm to optimize PI/PID controller parameters for AGC of power system. Four different power systems are considered in the present article. Initially, a two area thermal power system is considered for simulation. The...
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This paper provides estimates of the economic welfare effects of tobacco taxation in India, S.Africa, S.Korea, Japan and the European Union. It argues that past studies of the cost-benefits of smoking are flawed as they fail to net out Paretoirrelevant pecuniary externalities. It estimates...
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