In 1930, Richard Kahn became a fellow of King's College, Cambridge, on the basis of his book-length dissertation 'The Economics of the Short Period.' It was finally published in the 1980s. Why did he not publish his thesis in the 1930s, when it would have made a substantial impact? We present...

How to understand the current crisis at the World level? Following Joan Robinson, we present the definition of “new mercantilism”, and explain how mercantilist practices have supported what we commonly call globalization. The current economic crisis can be linked with mercantilist practices:...

The paper analyses the evolution of the financial crisis as it spread throughout the real economy during 2009. It is argued that public funding of failed banks and financial institutions does not represent a path to a more stable financial system. It is also pointed out that structural...

How time is comprehended in economics is central to the type of discipline to which economics is analogized. Rejecting the symmetrical notion of time in classical physics, Joan Robinson emphasized the importance of 'historical time', and hence history. A new generation of...

In his early years, B S Minhas, who passed away recently, enriched economics with his valued theoretical contributions that are today an integral part of economic literature. These were both acknowledged and challenged by the giants of economics at that time. On his return to India, realising...