Ronald Coase (1910-2013), who sadly died at the remarkable age of 102, made significant contributions to economics based on common sense and the detailed study of his topics. Coase was awarded the Nobel Prize in Economic Sciences in 1991 “for his discovery and clarification of the significance...

The United Kingdom (UK) officially left the European Union (EU) in January 2020. While the nature of its future relations with the rest of the EU Members is couched in a Trade and Cooperation Agreement concluded in extremis in December 2020, it will cease to be part of several agreements...

This special issue follows our conference, which was held in October 2021 and attended by beer historians and sociologists from the U.S., Europe and Australia. By taking beer as a lens to approach questions of knowledge transfer and circulation, we seek to refine our historical understanding of...

In recent years a growing consensus has emerged in favour of the shareholder-oriented model of the corporation. Increasingly, this model is justified not on the basis of shareholder ownership of corporations but on the basis of efficiency. Moreover, it is argued that no matter who are the...

Este artículo relaciona las implicaciones de la teoría sobre los costos de transacción de Ronald Coase. La economía de los costos de transacción (ECT) es un marco teórico de primer orden para la comprensión tanto de las limitaciones para el desarrollo de la empresa; y para advertir...

The aim of this article is to provide a discussion interface for historians and those that are in the present world of economics. The Global Financial Crisis set in motion a series of debates on the nature and scope of monetary policy. The role of monetary policy and the central bank since the...

Brexit referendum will impact sooner or later, since the European economies are massively underperforming and UK is chained to them.This referendum is “advisory”, not “binding”.In case of Brexit scenario the strategy should be UK to diversify its international links.World is an Oyster,...

Henry Thornton (1760-1815), whose major work - An Enquiry into the Nature and Effects of the Paper Credit of Great Britain - is celebrating its bicentennary in 2002, is considered today to be one of the most prominent classical monetary economist, in particular with regard to its seminal...

Joan Robinson had no idea about what Keynes was talking about in the General Theory with respect to (a) Keynes's Aggregate Supply Curve of Chapter 20,which is a locus of all possible, multiple equilibrium results (Full employment, underemployment, involuntary unemployment), his Liquidity...