Gran parte de la economía moderna, incluidos en particular los paradigmas dominantes en macroeconomía y economía financiera, supone que hay un modelo “verdadero” del mundo, el cual se puede deducir de un conjunto de axiomas basados en la elección racional. Pero en realidad no hay, ni...

The Review is pleased to give hospitality to CLARE group articles, but is not necessarily in agreement with the views expressed; responsibility for these rests with the authors. Members of the CLARE Group are M.J. Artis, A.J.C. Britton, W.A. Brown, W.J. Carlin, J.S. Flemming, C.A.E. Goodhart, J.A....

We all recognise environmental problems-the pollution of air and rivers, the destruction of rain forests, global warming. The article argues that environmental problems are less the result of inappropriate values than of an incorrect calculus, and that economic evaluation and economic...

A new CEP report says that the financial system has become far more complicated than it need to be - and dangerously unstable too

Originated with an Institute for Fiscal Studies project on fiscal policy in the corporate sector that used company accounting data to analyze the effects of corporate taxation on firm behavior, focusing on how company accounts can best be applied to economic analysis. Discusses the assessment of...

The article presents a study on the application of some accounting concepts and functions in economic analysis. According to the author, his analysis will provide a basis on which accountants can discriminate between the alternative rules and standards available to them by reference to their...