We write this essay for both lay readers and scientists, though mainstream economists are welcome to enjoy it too. Our subject is the basic toolbox of mainstream economics. The most important tools in this box are demand, supply and equilibrium. All mainstream economists – as well as many...

This study investigated whether economic motivations are a key factor in international migration decisions. Applying the selectivity-corrected expected income for migrants and stayers, the difference in expected income for an individual in origin and destination countries was analyzed. This...

Klappentext: "From Interwar Pluralism to Postwar Neoclassicism" seeks to change assumptions about American economics during the transformative period between the world wars. The twelve essays by respected economists and historians collected here take a precise look at the mechanisms that brought...