The types of technical progress currently referred to in the theory of economic growth will be passed in review and their relations studied in detail. Light will also be shed on the dependence of the long-run rate of growth, in the presence of a constant rate of saving, on the type of technical...

Kornai's autobiography presents an interesting perspective of the intellectual environment of a Central European country of real socialism such as Hungary, from the Stalinist after-war years to the progressively more relaxed, but still constraining, atmosphere of the sixties and later. Of...

Usually, when the attention is focused on the different performances of the labour market, the overall rate of unemployment is at the center stage. But this is misleading: while short term unemployment can be seen as physiological for the the working of the labour market, long-term unemployment...

The substitution of private for public entrepreneurship is a crucial aspect of the process of transition. While output and employment in the overextended and overmanned state sector decrease, it is crucial for the success of transition that private entrepreneurship builds up, increasing...

The paper considers the status of the European Neighbourhood Policy in the light of the new Financial Perspective 2007-2013 and of the present internal state of the European Union. Even if in theory the ENP could have been a valid substitute for enlargement, it does not seem to have reached its...

The paper considers the influence of Eugen Duhring 1876 socialist (or, socialitarian according to his terminology) model of economic communes on the development of a peculiar non-Marxian stream of market socialist models. These are characterized by two features: 1) the socialist economy is...

The Coasean way to deal with the cooperation failure that is implicit in Pareto inefficiency is to remove or lessen the obstacles to cooperation through the attribution of property rights and the elimination or reduction of transaction costs. The relevance of this approach is however undermined...