This fascinating book, a dialogue by leading economists, offers an extensive review of the impact of the introduction of the euro on the international monetary system. The authors dissect the impact of the euro on living standards in developed and developing countries, the growth of the euro...

The contributions to this volume offer an insight into the way that economists analyse the causes of money (mis)management in the US, Latin America, Europe and Japan, and prescribe stabilizing reforms. The mechanisms that link monetary policy - including foreign exchange regimes and the...

Adam Smith made a persuasive case that "moral sentiments" are the foundation of ethical behaviors in his 1759 The Theory of Moral Sentiments. This view is still controversial as philosophers debate the extent of human morality. One type of moral behavior, assisting a stranger, has been shown by...

Is market exchange solely dependent on selfishness or does other-regarding behavior play any substantial role? This article reviews the philosophical, psychological and neurological basis for moral values, showing that they are consistent and measurable. I demonstrate that values play a role in...