Claudio Sardoni looks at some aspects of the ongoing debate around the so-called ‘ICT revolution’ and its effects on the economic system. He argues that economists have devoted much attention to ICT's effects on the functioning of the monetary and financial system in particular. It is, in...

Frank Gerald Shove was a close friend of Keynes and the other protagonists of the economic debates in Cambridge during the 1920s and 1930s. Shove's influence on those debates is not well documented because he published little and had all his notes destroyed after his death. This paper looks at...

For Lang and Setterfield (2006-7), economists should reject the traditional equilibrium approach for its unrealism. Their criticism of the mainstream equilibrium approach is correct, but they fail to stress that realism of the analysis, however, requires being concerned with equilibrium, seen as...

In the article, some recent literature on Internet pricing is surveyed. The author looks at the topic by setting it in the more general framework of the analysis of activities that can be regarded as similar to Internet from the technological and economic point of view. In particular, attention...

The paper argues that policymakers bail out banks with financial problems to avoid the costs of financial repression. After financial liberalization and when risk is verifiable, in some circumstances policymakers can commit to policies that discipline banks ex-ante and ex-post, by providing...

During a distinguished career, Basil Moore has made numerous important contributions to macroeconomics and monetary economics, and is renowned as the progenitor of the ‘horizontalist’ analysis of endogenous money. More recently, he has embraced complexity theory as part of an...