Milton Friedman is beyond question the most famous living economist of the 20th century. He is closely associated with the doctrine of ‘monetarism’ which has been adopted by many governments around the world.

Throughout the developed and developing worlds, education spending is seen as a key tool for government policy makers in the quest for economic growth. Promoting ‘human capital’ development is a prime objective for economic and education ministries. The seminal articles in this essential...

Discussing Economics treats discussion – meaning formal consideration of questions about a reading – as a new approach to learning economics. Setting out a detailed approach modeled on the ideas of Mortimer Adler and the Great Books Foundation, the authors explain why instructors should...

In 1876, Carl Menger, then a young professor at the University of Vienna, was asked to teach the principles of political economy to Crown Prince Rudolf of Austria, the 17 year old only son of Emperor Francis Joseph, who was to die tragically before he could inherit the throne.

This comprehensive book provides a collection of the critical papers that have been published in the fast-growing field of the globalization of higher education. They include work by a variety of noted scholars, such as Altbach, Clark and Marginson, which cover key areas of theoretical and...

Globalization has effected tremendous change to the character and functions of education worldwide. This unique book focuses on its impact upon Hong Kong and Singapore, and how these two East Asian Tigers have responded to the strong global tide of marketization in shaping and developing their...

For this collection, Clive Belfield has selected the most significant recently published articles on the economics of education. Contemporary in the best sense, the articles analyse current concerns, building on what has been established to date and foreshadowing future developments. The...

This ground-breaking book focuses on the implications of the complexity vision, such as that held by economists at the Santa Fe Institute, for the teaching of economics. This complexity vision suggests that answers to questions such as how do markets develop and how do they evolve need to be...