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Who was the greater economist--Adam Smith or Charles Darwin? The question seems absurd. Darwin, after all, was a naturalist, not an economist. But Robert Frank, New York Times economics columnist and best-selling author of The Economic Naturalist, predicts that within the next century Darwin...
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Biographical note: FrankRobert H.: Robert H. Frank is the Henrietta Johnson Louis Professor of Management and professor of economics at Cornell University, as well as an economics columnist for the "New York Times". His books include "The Winner-Take-All Society" (with Philip Cook), "What Price...
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Economists have long been concerned with the impact of total government expenditures on employment, level of income, and income distribution. However, only recently has attention been paid to the effects of changes in the compostion of these expenditures. These studies have generally tended to...
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In a recent article, Bilancini (J Econ 102:275–286, <CitationRef CitationID="CR8">2011</CitationRef>) demonstrates that assuming either price-dependent preferences or preferences that depend on the choices of other individuals can render the theory of revealed preference effectively unusable. Some readers might be tempted to infer that...</citationref>
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