A wide range of regulatory reform tools and instruments have been developed and implemented over 30 years to help governments improve the effectiveness, efficiency and transparency of fast-growing regulatory systems. To organize this wide body of work into a user-friendly framework, Scott...

Heterodox Economic Theories begins with a paper by Ian Steedman on Sraffian economics and the capital controversy. This is followed by papers on radical economics by Michael Reich and Marx’s economic analysis by Fred Moseley. Professor Moseley has also written an extensive introduction to the...

In the 21st century, the public sector in the nation state has lost some of its insular structure. Its decision-making power has been subjugated to the forces of political and economic liberalism that are sweeping the global economy. This volume provides a framework for the study of spillovers...

The question of free banking – or laissez-faire in money – raises fundamental theoretical, historical and normative issues. Discussions of free banking contemplate the consequences of abolishing government central banks, and allowing unrestricted money issue by private banks.

This collection tackles the issues confronting the up-and-coming economist. The authors include some of the subject’s finest luminaries who offer friendly and invaluable advice as well as providing a more light-hearted look at the publication process. Some articles have become classics in...

This pathbreaking collection brings together a selection of work by Nobel Prize winning authors from the archives of the Institute of Economic Affairs. The laureates whose work is featured made an important contribution to economists’ understanding of a market economy. Nevertheless, it is...

The EU has taken a leading role in calling for a round of new trade negotiations in the WTO to deal with the issues of globalisation. Proposals in the EU call for expansion into new areas such as global investment, competition, and environmental rules in addition to liberalisation negotiations...

Incentive theory is the most important development in economics in the last forty years. The principal-agent model is the core of this theory. This authoritative collection brings together the essential literature concerning the principal-agent model when no restrictions on the design of the...

These two volumes bring together the most influential articles surrounding the Efficient Markets Hypothesis debate, from Paul Samuelson’s pathbreaking proof that properly anticipated prices fluctuate randomly to Fischer Black’s study of noise traders, from Eugene Fama’s empirical...

Scholars and policymakers have long been interested in the relationship between international institutions, foreign trade, and interstate conflict. This timely volume presents the most important published articles that address these crucial issues. The articles are organized into three parts....