Property Rights, Consumption and the Market Process extends property rights theory in new and exciting directions by combining complementary insights from Austrian, institutional and evolutionary economics. Mainstream economics tends to analyse property rights within a static equilibrium...

The crisis of environmental degradation has createcharemd an immense volume of literature which focuses on controlling environmental problems. Economic Rights and Environmental Wrongs goes one step further to extend and complement the current debates

Martin Ricketts, a leading scholar in this field, has selected the seminal papers from a variety of traditions that illustrate the evolution of thinking on 'the firm' over a considerable period of time. The firm as a vehicle for entrepreneurial initiative and the exercise of business judgement...

Regulatory economics has become increasingly important over the last quarter of a century, in part as a result of the wave of privatization, starting in the UK, which made the regulation of monopoly of much greater interest. The discipline has also become more rigorous, increasingly employing...

Property rights lie at the heart of the economic success of any economy and the extent to which its citizens enjoy economic freedom. At a time when Eastern Europe is breaking free from the yoke of collectivist-socialist ideas, this book presents essays by four political economists evaluating a...

This timely book offers a fresh view on how oceans and coasts are, and should be, managed. The urgency of this issue is increasingly being recognized, as critical limits to the economic exploitation of our oceans and coasts are reached. The authors argue that ecological economics is in a unique...

Due to financial market imperfections it is imperative to analyse the relationship between financial structure and the monetary policy transmission process in Europe to effectively design and implement European monetary policy. Focusing on the years 1980-1995 and providing empirical evidence for...

In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes established that both the short-run and long-run performance of...