In business, agents are exposed to both hidden information and hidden action. Occasionally, reputation for credibility is valuable in solving or mitigating the economic consequences of these problems. A ‘good’ firm can distinguish itself from a ‘bad’ firm by sending a signal about its...

This book explores the perceived paradigmatic conflict within British classical economics between the so called 'Ricardo School' and the contemporary French Economics of Jean-Baptiste Say. Samuel Hollander provides the reader with extensive evidence, utilizing all editions of Say's main texts...