One aim of the first phase of the tax reform coming into effect in 2004 is to strengthen the economic recovery. One of its elements is a tax relief granted for retained profits of non-incorporated firms to further the formation of equity capital. However, since small firms and firms with low...

This article summarizes central theoretical and methodological notions developed in an empirical analysis of US foreign policy decisionmaking, of the economic effects of war expenditures and of the evolution of public opinion in the Indochina intervention, from Kennedy to Nixon.In the first...

The credit crunch and economic crisis have shaken the very foundations on which economists build their science. Economic scientists have renewed their efforts to find a new fundamental understanding of the economic system and create more suitable models to analyse future developments, especially...

"This time is different" is the title of a contentious book by Carmen M. Reinhart and Kenneth S. Rogoff (2011). For fully seven years, an accumulation of adverse effects has been grounding international businesses, countries and their politics, mostly in Europe. Some of the disastrous...