'... the volume constitutes an important collection, which portrays the evolution of the Phillips Curve and the potency of policy debates in a single canvas in an elegant and comprehensive manner. The gaps that seem to have remained may be remedied by the editors in the form of a companion...

Recommended readings (Machine generated): 1. Kenneth E. Boulding (1966), 'The Economics of the Coming Spaceship Earth', in Henry Jarrett (ed.), Environmental Quality In a Growing Economy, Chapter One, Baltimore, MD, USA and London, UK: Johns Hopkins Press, 3-14 -- 2. Herman E. Daly (1974), 'The...

Recommended readings (Machine generated): Alesina, A. and S. Ardagna (1998) 'Tales of Fiscal Adjustment', Economic Policy, October: 489-545 -- Alesina, A. and R. Perotti (1995) 'Fiscal Expansion and Adjustments in OECD Countries', Economic Policy, 10 (21): 205-48 -- Alesina, A. and R. Perotti...

Recommended readings (Machine generated): 1. Dotan Leshem (2014), 'The Ancient Art of Economics', European Journal of the History of Economic Thought, 21 (2), 201-29 -- 2. Constant J. Mews and Ibrahim Abraham (2007), 'Usury and Just Compensation: Religious and Financial Ethics in Historical...

"The powerful theorems of welfare economics operate under a range of assumptions. Two of the most significant are the existence of competitive markets for all goods and services - including futures markets - and the unbounded rationality of all economic agents who act independently to maximize...

What makes people happy in life? This crucial question has the potential to shake up economics. In recent years, dissatisfaction with the understanding of welfare in economics and new opportunities for empirical study of people's subjective well-being have spurred impressive and stimulating new...

Recommended readings (Machine generated): 1. Paul W. Cook, Jr. (1955), 'Decentralization and the Transfer-Price Problem', Journal of Business, 28 (2), April, 87-94 -- 2. Jack Hirshleifer (1956), 'One the Economics of Transfer Pricing', Journal of Business, 29 (3), July, 172-84 -- 3. Jack...

Recommended readings (Machine generated): 1. Richard Auster, Irving Leveson and Deborah Sarachek (1969), 'The Production of Health, an Exploratory Study', Journal of Human Resources, 4 (4), Autumn, 411-36 -- 2. Mark R. Rosenzweig and T. Paul Schultz (1983), 'Estimating a Household Production...

'I only wish that Ian McDonald's Behavioural Macroeconomics had been available when I was preparing A Guide to Behavioral Economics; it certainly would have provided me with material to fill in a number of gaps and cite several additional important concerns!'--Hugh Schwartz, University of the...