Beginning with the basic background and perspectives needed for non-European audiences, the authors focus on the most striking aspects of European integration such as trade, agriculture, and monetary unification. Part I of the book ends with a capstone chapter that describes current weaknesses...

Academic finance has had a remarkable impact on many financial services. Yet long-term investors have received curiously little guidance from academic financial economists. Mean-variance analysis, developed almost fifty years ago, has provided a basic paradigm for portfolio choice. This approach...