This paper comments an important book by Maurice FG. Scott, «A New View of Economic Growth». The main contribution of the book is to show that capital investment can sustain endogenous growth, as it embodies technical progress. Neoclassical theories of growth are based on an error in...

This paper supports the view that the deep roots of the current global crisis, which has taken the form of a mainly financial crisis, are related to a global fundamental unbalance in income distribution. There are two dimensions of the unbalance. The first one is between capital and labour...

Cost-benefit analysis allows to assess in advance the performance of investment projects through the calculation of appropriate indices, such as the NPV, the IRR, the B/C ratio. Performance indicators are, however, affected by the uncertainty inherent in the exercise of forecasting the future...

This note discusses some contributions and ideas on the role of entrepreneurs in Economics, from Adam Smith to the Austrian tradition. The paper observes that there are different forms of entrepreneurship and that realism is needed to understand the social availability of entrepreneurship across...