Much has been written about the state of U.S. consumer credit market. In this Article, we provide an overview of the scholarship in this area and an interim diagnosis of the market failure. We identify the chief problem as various epistemic failures on the consumers' part, which lead to poor...

Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Systemic usury exploits poverty by shifting usury into additional products and leveraging usury gains by stringing together individual loan agreements. This paper reviews the economic...

Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by deceitful and even fraudulent means, we consider it as...

Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by deceitful and even fraudulent means, we consider it as...

This keynote presentation from the COST605 WG2 public workshop on "Mobile communications for the poor and needy", Lisbon, November 2008, gives definitions and an overview about how mobile communications and appropriate tariffs can help this disfavoured group. Statistical data are provided mostly...

Some COST 605 Action participating countries have contributed to a survey on the above subject. The focus is on: 1) social parameters , demographics / employment:/income of needy/poor people, and for measured or assumed mobile service usage and spending 2) cases of individual or groups of needy...

There is a fear that if Turkey were given admission to the EU massive migration to the other member countries of the EU would result. This paper develops a theoretical framework for the migration decision that takes into consideration the impact on uncertainty of some of the important economic...

The 2004 and 2007 enlargements of the European Union were unprecedented in a number of economic and policy aspects. This essay provides a broad and in-depth account of the effects of the post-enlargement migration flows on the receiving as well as sending countries in three broader areas: labour...

The 2004 and 2007 enlargements of the European Union were unprecedented in a number of economic and policy aspects. This essay provides a broad and in-depth account of the effects of the post-enlargement migration flows on the receiving as well as sending countries in three broader areas: labour...