This paper is part of a larger project aiming at revitalizing high development theory". It examines the roots of development economics, tracing it back to the seminal contributions of European émigrés to the UK and the US in the 1930s. Developed mainly by German speaking economists it became...

Paul KRUGMAN, professor of economics at Princeton University, is well-known for his models of increasing returns in the world trade theory and their use in economic geography. His aim is to explain the reasons for the localization of activities and the concentration of firms. The purpose of this...

The assumption of given consumer tastes and production, loses ground very rapidly in information-intensive economic systems, where the ability to design products and services combinations for increasingly specific needs and skills is a key variable to competition. This article presents a...

Alya Guseva, Professor of Sociology at Boston University, was interviewed by Natalia Khalina, a Lecturer at the Higher School of Economics. The interview was conducted during the workshop “Consumption and Economic Crises: Post-Socialist Experiences” (Moscow, 9-10 October 2014) where A....

The global environmental awareness has become the most important driver for sustainable development also in the forestry sector, which has reproduced interest in Sustainable Forest Management (SFM) and Certified Forest Products (CFPs). However, the initial objectives set for the forest...

This article is part of volume 2 of a Special Issue devoted to wicked problems in agribusiness. For more information visit: www.ifama.org

The article adds empirical content to transaction costs concepts by analyzing the design and implementation of the first publicly listed company in Australia, Earth Sanctuaries Limited, devoted to protecting biodiversity. The venture was successful on some ecological criteria, but ultimately...

Orthodox and heterodox theories of financial crises are hereby compared from a theoretical viewpoint, with emphasis on their genesis. The former view (represented by the fourth-generation models of Paul Krugman) reflects the neoclassical vision whereby turbulence is an exception; the latter...

How time is comprehended in economics is central to the type of discipline to which economics is analogized. Rejecting the symmetrical notion of time in classical physics, Joan Robinson emphasized the importance of 'historical time', and hence history. A new generation of...