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Countries in which there are two channels of education may have a separating equilibrium in which individuals with high abilities learn in elite universities and individuals with low ability learn in standard ones. Elite universities have higher budgets, better scholars, better labs and a better...
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Western public opinion frequently voices uncritical applause for the economic reforms in the People's Republic of China. The expectation of large sales opportunities in the Chinese market has led to a kind of China-euphoria in certain business circles. This frequently overlooks the fact that...
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During recent years sharp increases in unemployment have given rise to questions concerning the traditional way of managing the Swedish economy. Various aspects of the resulting discussion are reviewed in the following article.
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The failure of Marxist-Leninist socialism, which has become clearly apparent during the past year, has done undeniable … harm to the worldwide appeal of "socialism". Even concepts of socialism which had always expressly set themselves apart … from "real-world socialism" in the Stalinist mould are also affected. The following article analyses the situation in sub …
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