Those who practice economics have moral responsibilities in their professional capacity. An alternative economics literature advances the discipline as both a "moral science" (e.g. Boulding, 1969) and "necessarily ideological" (eg. Heilbroner, 1988). We suggest why, in present circumstances,...

The structure currently recommended for the securities market's post-trade settlement activities is based on an intermediary serving as a depository for certificated securities so that claims to such securities may be efficiently traded on the books of the intermediary. As paper certificates...