This book deals with the inner life of the capitalist firm. There we find numerous conflicts, the most important of which concerns the individual employment relationship which is understood as a principal-agent problem between the manager, the principal, who issues orders that are to be followed...

This book focuses on the emerging field of evolutionary economic policy, highlighting the interface between the state, markets, and the evolutionary complexity of modern economies. The contributors explore the possibilities and limitations of governance, and provide a unique platform for the...

As opposed to the common idea that a country's economic fortunes are largely determined by its success on world markets, Paul R. Krugman, Professor of Economics at the Massachusetts Institute of Technology, holds the view that the world's leading nations are not to any important degree in...