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 important volume brings together 22 major essays written by A.P. Thirlwall over the last 30 years in the field of macroeconomics, and in particular on multiplier analysis, unemployment, inflation, growth and the balance of payments.

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.

In today’s globalised world, modern society is characterized by rapid transitions in space that are in part the result of technological developments of previous decades. This unique book deals with the complex issues raised by these transformations, focusing particularly on the impacts on...

This book will be indispensable to scholars and policymakers in the areas of economic growth, international competitiveness, innovation, regional development and European studies.

This volume brings together the most significant modern contributions to the literature on globalization and inequality. The editor’s selection, set in context by an authoritative introduction, uses broad analyses and important case studies to illustrate the impact on levels of inequality of...

Human Capital, Trade and Public Policy in Rapidly Growing Economies argues that only two centuries ago, no society had ever enjoyed sustained growth in living standards. The contributors to this book aim to discover why the world today exhibits a predilection for perpetual self-improvement. In...