Despite increasing research efforts, there is still much confusion regarding the nature and contribution of the most intangible forms of capital. This book develops a comprehensive and unifying conception of intangible capital in order to understand its role with respect to economic growth,...

This paper reviews arguments concerning the deficiencies of economic rationality as a normative concept and develops an improved normative conception. Economists need to utilize a true rationality conception that includes not only instrumental rationality but rationality of ends. A decision...

Obesity in the United States is widely acknowledged to be a severe and growing problem, especially among the young. Can economists contribute to understanding the causes of obesity? This economist proposes a model that includes nonrational decisionmaking. It is a useful start to understanding a...