Purpose – Profits have a bad press. They are associated in the public mind with greed, avarice, self-seeking. The purpose of this paper is to make the case in behalf of profit-seeking, so as to right the balance of publications on this topic. Design/methodology/approach – The authors...

Purpose – In the present epoch, when the witch hunt for victimless criminals continues apace and even increases, it is all the more important to protect our liberties. One of the purposes of the present paper is to do so with regard to gambling. Design/methodology/approach – We use logical...

Purpose – The purpose of this paper is to discuss a unique principal–agent dilemma, one that is very much off the beaten track. The relationship of the Popes pre-1500 and God was one full of emptiness and strain. The Catholic Church was saved by a positive externality of the printing press...