In the global marketplace of ideas, few realms spark as much conflict as religion. For millions of people, it is an integral part of everyday life, reflected by a widely divergent supply of practices and philosophical perspectives. Yet, historically, the marketplace has not always been...

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The achievements of Jules Dupuit (1804–1866), French engineer and economist, policymaker and molder of the canon of neoclassical microeconomic theory, are displayed in their entirety through Yves Breton and Gérard Klotz‘s compilation of his collected works, Oeuvres économiques complètes...

In this paper we present a new hypothesis about why the corporation was invented. The traditional argument stresses the importance of limited liability in the emergence of the corporate form. In contrast we stress the advantages that transferable shares hold for cartel owner-management in the...