Rapid developments and crises in financial markets assign new roles to central banks in ensuring financial stability. To this extent, central banks are in the quest for new monetary policies and for developing the instruments that give the most effective results in the changing financial...

Most heterodox theories of the business enterprise base themselves on the Veblenian going concern in which managers pursue the long-run survival and growth of the enterprise, whereas absentee owners are occupied with short-run financial interests. Since Veblen’s era, the capitalist social...