In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate places. Nasar's goal is to show how economists work, but also to...

This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...

This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...

Milton Friedman is rivaled only by John Maynard Keynes as the most influential political economists of the 20th Century. His approach was that of a classical liberal, rather than a conservative, though this put him on the political right in the United States. Friedman's work demands to be...

James Ahiakpor's critique of our 2002 work on the relationship between a certain 1932 Harvard Memorandum on anti-depression policies and the 1932 Harris Foundation Manifesto dealing with the same issues misses the significance of these documents, and of the relationships between them, both for...

This paper presents a critical assessment of the widely discussed concept of Islamic Economics. The two different interpretations of Islamic economics as the study of the functioning of an interest-free economy and the validity of moral values in the economy are discussed. It is shown that none...

The work deals with the ideological clashes in Russian economic thought after 1991. Based on Schumpeter's distinction between economic analysis and economic thought, the paper focuses on a principal conflict that divides a new generation of Westernminded scholars and traditional Russian...

Dieser Beitrag geht davon aus, daß Goethes "Faust"-Drama in seinen beiden Teilen nicht bloß ein Bildungsgut aus dem 19. Jahrhundert darstellt, das viel zitiert, aber selten gründlich gelesen wird, sondern daß es eine weitreichende Bedeutung als moderne, ja sogar als hochaktuelle Dichtung...

Die jüngsten, einem ?more economic approach? verpflichteten Reformen im europäischen Wettbewerbsrecht geben Anlaß, sich verstärkt mit der ökonomischen Effizienz als Leitbild der Wettbewerbspolitik zu befassen. In diesem Beitrag wird in Übereinstimmung mit der überwiegenden Praxis in der...