Behavioural economics provides unusually robust data that show that people have hardwired, systematic cognitive biases that greatly limit their intellectual capabilities. From these observations follows a set of general guidelines for decision-making - humble decision-making theory - that if...

An analysis of de-polarization draws on four analytical models. The traditional balance- of-power analysis suggests that as the level of integration of the two blocs (East and West) declines, the number of possible political combinations increases, foreign policy gains in the number of political...

Economists tend to assume that preferences are given and stable. This allows them to explain changes in behavior largely in terms of variables such as changes in income and relative prices, and more generally in terms of incentives and disincentives. However, sociologists and psychologists have...

If the United States is to sustain a fairly high level of economic growth, seven functional needs must be met: transportation, communication, power, innovation, human resources, financialbegal institutions, and capital goods. Attention to these elements amounted for the successful development of...