Past research indicates that top college football players generate over $500,000 annually in team revenues, well beyond the effective compensation of an athletic scholarship. This article supplements past empirical literature using the most comprehensive, detailed financial information yet...

What is called "capitalism" is best understood as a series of stages. Industrial capitalism has given way to finance capitalism, which has passed through pension fund capitalism since the 1950s and a US-centered monetary imperialism since 1971, when the fiat dollar (created mainly to finance US...

This paper examines the social economic value of the Greenland off-shore shrimp fishery. The contribution of the fishery to the economy is examined us-ing a cost-benefit analysis where the objective of the report is to examine the current state of the fishery rather than possible changes, which...

The post-1945 mode of global integration has outlived its early promise. It has become exploitative rather than supportive of capital investment, public infrastructure, and living standards. In the sphere of trade, countries need to rebuild their self-sufficiency in food grains and other basic...

This paper discusses important friction forces that future theories of strategy must incorporate. Some of these are technological and environmental; but the most important ones---it is argued---are psychological. The view is developed that strategy, at its core, concerns the development and...

This paper discusses the future of the corporate income tax in an integrating world economy. The first part of the paper reviews some important trends in corporate taxation across the OECD area. The second part discusses the role of the corporation tax, laying out guidelines for corporate tax...

This paper investigates economic aspects of marine protected areas (MPAs) that are closely related to the underlying marine biota. Many marine scientists recognize that enough is now known about the marine biology for the scientific siting of MPAs to protect marine environments that create...

The Clean Development Mechanism (CDM) should foster sustainable development and greenhouse gas emissions reductions. The design of the CDM and first experience suggest that it may not achieve these goals. Developing countries hosting CDM projects may loose cheap emissions reduction possibilities...

This paper describes four mechanisms of income differentiation which generate inequalities both at national and international levels. They are: (i) Increasing returns to scale, (ii) cost of capital (interest) hidden in prices, (iii) economic rent derived from scarce natural resources, and (iv)...

This paper describes four mechanisms of income differentiation which generate inequalities both at national and international levels. They are: (i) Increasing returns to scale, (ii) cost of capital (interest) hidden in prices, (iii) economic rent derived from scarce natural resources, and (iv)...