This book explores the important role that economic performance measurement is playing in the regulation of network utilities in many countries today. The contributors to the book – researchers from academia, regulatory agencies and consulting firms – address the use of efficiency measures...

Introduction to Cost–Benefit Analysis is intended as a graduate and advanced undergraduate textbook. Nevertheless, economists and other practitioners involved in the economic evaluation of projects will also find the book extremely useful.

Monetary Theory and Monetary Policy is the second collection of essays by Karl Brunner – one of the most prominent economists of the twentieth century. It demonstrates the importance of economic analysis for the development of appropriate economic policies.

This authoritative book analyses the recent problems associated with the UK’s monetary system and suggests a long-term solution to control bank lending in the future. It draws on extensive historical material, discussions with former senior officials and politicians, and the perceptive...

Baumol’s Cost Disease is the inevitable escalation of the real costs that occur in labour-intensive industries like the arts, health care and education. The labour costs in these industries tend to increase at the same rate as other industries, but their scope for utilizing labour-saving...

This second volume of the late Julian Simon’s articles and essays continues the theme of volume one in presenting unorthodox and controversial approaches to many fields in economics.

During Asia’s financial crisis, the attention of policymakers was focused on China’s exchange rate policy. Post-crisis, this interest has increased further due to China’s growing influence in world trade and investment. However, the process of policy making in China is still opaque,...

China is both the world’s most populous country and an important transition economy. It is also a major market for trade and investment. As such, this study of the trends, patterns, issues and problems of trade and investment in recent years is both vital and fascinating. Areas of discussion...

Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School's history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, as well as provide...