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 publication of submissions to the UK RAE2008 offers an opportunity to assess the location and relative standing of business historians and their journals in the UK's academic research community. Several ratings lists of journals are available that use data from submissions to the RAE2008...

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...

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...

Joan Robinson was a self admitted, mathematically illiterate economist who had no idea about what Keynes was doing or saying in the period 1930-1936. She relied completely for her understanding of economics on her very close, personal relationship with R. Kahn. Kahn would explain and develop the...

An enduring myth accepted by all Orthodox and heterodox economists is that it was Richard Kahn who discovered and originated the concept of the multiplier. Kahn then supposedly showed Keynes how the multiplier concept could be specified mathematically so as to provide hard support for Keynes's...