This paper presents interesting correlations which exist between a model of long-wave economic activity and crisis in the United States – “the Political Economy wave” – and the structure of the rings of Saturn, one of the most confounding structures known to science. At the present time...

We focus on four previous systemic financial crises that the United States has experienced since 1870. These include the crisis of 1873 (called the Great Depression until the 1930s), the 1893 crisis, the panic of 1907, and the Great Depression. Given that all of the earlier crises predate the...

We describe Hayek's position on taxation and its subsequent developments. Hayek defends the proportional tax system. If a majority rule corrects deviations from political power must also restrict the conditions of progressive taxation. According to Hayek the progressive tax system (SFP) violates...

Abstract The United Nations Conference on Trade and Development (UNCTAD) recently organised a Workshop in the Philippines, of trade and industry officials from Asia and Pacific countries. The Workshop had a timely purpose: to identify trading opportunities and adjustment strategies to benefit...

The debate over the Brazilian national steel-making problem took shape in the end of the 1900 decade and lasted until 1941, with the creation, by the Brazilian federal government, of the Companhia Siderúrgica Nacional (CSN – National Steel Company) to build and exploit the Volta Redonda steel...

This paper presents estimates of the rate of profit on fourteen countries in the long run. The performance shows a clear downward trend, although there are periods of partial recovery in both core and peripheral countries. The behavior of the profit rate confirms the predictions made by Marx,...

This paper focuses on the use of silver as a monetary standard in Mexico during approximately the last three decades of the nineteenth century and the first decade of the twentieth century. During this period, several events occurred in the market for silver that affected those countries...

Abstract Following closely my remit, this paper reviews and assesses Asian economic development in the recent post-1980 period, as well as over the somewhat longer time-span since WWII. Its chief purpose is to draw analytical and policy implications from this experience. This is a challenging...

Glasmeier A. and Wood L. (2005) Analysis of US economic development administration expenditure patterns over 30 years, Regional Studies 39 , 1261-1274. Many of the classic regional development programmes have been criticized for being ineffective and failing to meet their intended goals. A fact...

Turkey has always been grappled with economic crises since its foundation. The human resources and economic potential inherited from Ottoman Empire are both insufficient and poor-quality. In addition, the new political and ideological regime had not been accepted by nationals for a while....