Among the important factors in the financial crisis of 2008 and 2009 was an large ethical breakdown in the financial sector that preceded it. The sources of good behavior are multiple but religion ranks high among them. In thinking about the role of religion, most people think first of Judaism,...

In 1481 when King John II ascended to the throne of Portugal, it was on the verge of bankruptcy. A quarter of a century later, Portugal all but ruled the world, economically and scientifically – at least. This article seeks to investigate the policy decisions of King John II and his successor,...

We explore how optimal emission abatement trajectories are affected by dynamic characteristics of greenhouse-gas emitting systems, such as inertia, induced innovation, and pathdependency, by formulating a compact and analytically tractable model with stylized damage assumptions to derive the...