Frédéric Bastiat (1801-1850) was an economist and journalist. A member of the French Liberal School, he is best known for his free trade ideas and his philosophy of law. Mark Blaug ranks him as one of the 100 greatest economists before Keynes. Schumpeter called him a brilliant economic...

Keynes is back. President Obama's economic stimulus package is based on the premise that we can spend our way out of recession. It is an application of the Keynesian multiplier theory, which was expounded in Keynes' 1936 economic treatise, The General Theory of Employment, Interest and Money....

The Obama stimulus package has been less than a total success if one is to compare what was predicted to what has been delivered to date. The crux of the problem is that the economic planners have ignored or failed to take into account the secondary effects that increased government spending has...

Frédéric Bastiat (1801-1850) is primarily known for his writings in economics, especially in the area of international trade. However, he worked as an accountant in his early years and some of his writings take an accounting approach. This paper will examine the influence of accounting on his...

Frederic Bastiat (1801-1850) was a journalist and economic theorist within the French liberal school. He is best known for his writings on free trade and protectionism. Although he has written several classic short treatises, his work has been ignored by most modern economists. This paper will...

Trade costs associated with institutional failures and political risks, continue to serve as a big barrier to regional and international trade. Despite this strong impediment, limited work has been done to investigate the effect of weak institutions and type of political regime on bilateral...

The international discussion of Trump's dispute over import tariffs for steel, aluminum and even cars is so far focused on the big global players. However, African countries in particular could suffer from the planned punitive tariffs, analogous to the famous African proverb, "When elephants...

The COVID-19 pandemic has turbocharged world history while ravaging global populations. From digital transformations of work and education, to development, clinical testing and distribution of new vaccines in unprecedented timeframes, adapting to the virus has driven structural shifts at...

La version française de cet article peut être consultée à:http://ssrn.com/abstract=3793996Every three years, the AU-EU summit reunites African and EU leaders to outline the future direction of cooperation. The 6th summit had been to reaffirm and renew the partnership between the two blocks...

The English version of this paper can be found at http://ssrn.com/abstract=3792996French Abstract: Tous les trois ans, le sommet UA-UE réunit les dirigeants africains et européens pour définir l'orientation future de la coopération. Le 6e sommet devait réaffirmer et renouveler le...