Contents: The handbook of globalisation: introduction and overview / Jonathan Michie -- Part I: Globalisation in Question? -- 1. The future of globalisation / Paul Hirst and Grahame Thompson -- 2. Financial globalization?: history, conditions and prospects / Grahame Thompson -- 3. The scope and...

"The powerful theorems of welfare economics operate under a range of assumptions. Two of the most significant are the existence of competitive markets for all goods and services - including futures markets - and the unbounded rationality of all economic agents who act independently to maximize...