This research investigated whether Sen's Capability Approach could be applied to two very different programs for human development. The first case study involved a poverty alleviation program based around community gardens in a low-income neighborhood of a moderately sized city in New Zealand....

Sixty years ago, Schumpeter's Presidential Address to the American Economic Association discussed the 'vision' underlying the research of individual economists. A similar concept can be applied to different groups of students studying economics. Resource students, obliged to take an introductory...

This comment argues that Ian King's (2002) ranking of research records in New Zealand economics departments is an example of A. N. Whitehead's (1953) 'misplaced concreteness'. Nearly 60 per cent of the total scores calculated by King are due to just five academic stars, all of whom published...

This paper analyses the implications of uncovered interest parity for departures of the exchange rate from purchasing power parity as a result of temporary policy-induced changes in the domestic interest rate. The analysis produces a precise formula for the relationship, which suggests that...

This paper argues that De Long's (2000) announcement of "the triumph of monetarism" is misplaced on the grounds that the cornerstone of monetarism-the quantity theory of money-is no longer used by central banks in practice. Instead, modern monetary policy is based on maintaining aggregate demand...