In this classic book, originally published in 1968 by University of Toronto Press, John Dales proposed a new policy instrument for tackling pollution problems, namely ‘markets in pollution rights’. Dales was one of the first economists to put forward such a solution, and in subsequent years...

This book focuses on one of the most important features of the contemporary Japanese economy; cross shareholding – or mutual shareholding – between corporations. The book analyses recent trends and the reasons behind these, and discusses the implications for the entire Japanese economic...

What makes people happy in life? This crucial question has the potential to shake up economics. In recent years, dissatisfaction with the understanding of welfare in economics and new opportunities for empirical study of people’s subjective well-being have spurred impressive and stimulating...

What are people buying when they give money away? Is pure altruism possible? Who benefits from grants to charities and subsidies to givers? Is religious giving different? Which fundraising approaches “work”, and is more charity always better? Questions like these make philanthropy and...

This book provides an incredibly detailed and thorough account of how Vietnam’s dependence on Soviet aid during the 1960s and 1970s sustained and yet ultimately undermined the centrally-planned economy. Foreign aid provided most of the resources which, in the context of an under-developed...

Providing an excellent understanding of the complex issues involved with international economic integration, this volume will be extremely valuable for students of international economics, development and international business.

Technological Change and Mature Industrial Regions explicitly adopts an inter-disciplinary approach to analysing the structural transformation of mature regions. The major focus of the book is from an economics perspective, but it also employs sociological analyses, business history approaches...

This authoritative new collection comprises a selection of the most important readings reflecting the wide diversity in the conceptualization of the nature of money in the social sciences. Commodity theory, state theory, credit theory, post Keynesian theory, theory of the monetary circuit, and...

This challenging book extends standard economic theory to take into account the presence of heterogeneity among economic agents. It argues for an approach to economic analysis which regards the economy as an interactive system with heterogeneous agents and not simply a system which treats...

The economics of language remains neglected territory. Language makes information operational. As a social technology, it is a resource of the symbolic species – some argue it defines the human species. Language affects ability to find employment; cultural identity, effective communication in...