In 1715/16 Archbishop William King of Dublin used his experience as a Lord Justice during 1714-15 to write out a detailed case arguing that Ireland already paid more than its fair share of taxes to the Kingdom. In later years King became known as the leader of the Irish ‘nationals’ and his...

Economic Development is but one facet of Human Development. This forces us to ask - how do humans develop? Man is a social animal and the growth of our humanity requires various social institutions, such as bureaucracy. The paradox of capitalism is that it is a system ostensibly based on...

After coronavirus spread beyond China, many predicted that the virus would wreak havoc on low-income countries, especially those with overcrowded slums. And yet, nine months after the outbreak, the COVID-19 death toll in several of the world’s biggest slums is very low. This paper asks the...

The Austrian objection to mathematical and statistical work in economics, because of the absence of constants, is re-examined in the light of large micro-data sets available today. The negative evidence regarding the Law of one Price is described and then expanded to a critique of the practice...

We analyse economic convergence across 64 districts of Bangladesh using newly harmonized satellite night light data over 1992-2018. The growth in night lights – taken as a proxy for regional economic activity – reveals overwhelming evidence of absolute convergence. Regional differences in...