This book is open access under a CC BY 4.0 license. This text offers a comprehensive and nuanced view of the economic development of Spain since 1850. It provides a new set of historical GDP estimates for Spain from the demand and supply sides, and presents a reconstruction of production and...

Introduction -- Chapter One: The Rural–urban Division -- Chapter Two: Literature Review -- Chapter Three: Policies and Institutions Concerning Resource Flow -- Chapter Four: Methodology -- Chapter Five: Peasants’ View -- Chapter Six: Officials’ View -- Chapter Seven: Quantitative Results...

This book focuses on the questions of how territorial differences in productivity levels and unemployment rates arise in the first place and why territorial differences in labor market performance persist over time. Unemployment divergence and unemployment club convergence have been touched on...

Part I - The New World of Economic Thinking: Economic Thinking -- Anything Worth Doing Is Not Necessarily Worth Doing Well -- Maslow’s Hierarchy of Needs-And Economist’s Demand -- Part II -The New World of Market Economics: Price and the “Law of Unintended Consequences”.- Pricing Lemons,...

A collection of papers from leading thinkers to celebrate the work of the late Wynne Godley, and his enormous contribution to the field of monetary economics. Chapters include in-depth discussions of the revolutionary economic modelling systems that Godley introduced, as well as his prescient...

This book is a major contribution to the study of political economy. With chapters ranging from the origins of political economy to its most exciting research fields, this handbook provides a reassessment of political economy as it stands today, whilst boldly gesturing to where it might head in...

This book presents stimulating new perspectives on three key sets of issues: a fair globalization, the policies that might be adopted in response to protectionist pressures, and sustainable development policies involving G7 and G20 actions to lay the foundations for renewed trust. The individual...

Nietzsche distinguished between two forces in art: Apollonian, which represents order and reason, and Dionysian, which represents chaos and energy. An ideal work of art combines these two characteristics in a believable, relatable balance. Economists, Ward argues, have operated for too long...

In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally...

‘Jérôme gives us cues about what future research should address - first, why successful and wealthy clusters can also be places of poverty, social exclusion and rising inequality, and second, what policies are best to prevent this from happening.’ -Elisa Giuliani, University of Pisa, Italy...