We review the literature on occupational licensing and its importance as a labor market institution. We examine five labor economics texts and find that their coverage of occupational licensing is either scant or nonexistent. We speculate on why textbooks fail to treat the topic adequately.

We present results of a December 2008 Zogby International nationwide survey of American adults, with 4,835 respondents. We gauge economic enlightenment based on responses to eight economic questions. A number of controversial interpretive issues attend our measure, including: (1) our designation...

This article contains a selection of 97 quotations concerning hazards to intellectual integrity. The quotations are grouped under 16 headings: Lock-in of ideological sensibilities by age 25; Reverence of the powerful and longing for their favor; Unminding important things; Popular sentiments and...

In this presidential address published in 1902, Edwin Cannan affirms political economy as a vital cultural project. The central lessons to be imparted to society at large concern the principles upon which millions cooperate in creating wealth. He touches on international trade, housing, urban...

The economy can be viewed as consisting of four sectors, the goods and services, labor, monetary, and international sectors, with overall equilibrium consisting of simultaneous equilibrium in each of these sectors. Interactions among these markets headaches for students. The “big...

A pluralist approach to economics is both necessary from anacademic as well a policy point of view. From an academicviewpoint pluralism can be understood as the outcome ofcompetition and specialization in the search for new ideasthat can deal with imperfections of the real world. From apolicy...

Research and Science Today Journal is a publication founded in 2011 and it is dedicated to the students of all levels (license, master and doctoral) of faculties in the country and abroad. We want to offer the participants the opportunity to present their scientific works in the following areas:...

Academic economists have a strong influence on political discourse in Russia by delivering through courses of "Economic theory" and "Institutional economics" very harmful conceptual elements for political discourse. This article proposes to change radically these courses in such a way that,...

This study is an investigation into relative overeducation and life satisfaction using British longitudinal data. The focus is on young people rather than the whole of the life cycle, an arguably more homogenous group. Such a focus means that the overeducation variable does not simply capture...

"Oppositional Analysis" - the name I give to the metaphysics presented in this volume - proposes a number of dichotomies through which one may analyze and understand systematically the structure of every level of reality. Macroeconomic theory, as well as social research, are two excellent stages...