Creation of road transport infrastructure, through its direct and indirect effects, has a bearing on sustainability of growth and overall development of a country. It provides knowledge spillovers resulting from the whole agglomerated area via network dynamic externalities. The models based on...

This paper is a lengthier and revised version of the Closing Plenary given to the World Congress of the Association of Social Economics, and Cairncross Lecture, University of Glasgow, June, 2012. Mainstream economics is seen as unfit for purpose because of deficiencies that have long been...

O acordo de Parceria Transatlântica de Comércio e Investimento (TTIP) é uma proposta de acordo de comércio livre entre a União Europeia e os EUA que irá criar o maior espaço económico integrado do mundo. Neste artigo avalia-se o potencial impacto da TTIP sobre a economia portuguesa ao...

Die moderne Volkswirtschaftslehre als wissenschaftliche Disziplin ist einerseits durch große Uneinheitlichkeit geprägt, die andererseits selbst in Zeiten der Krise der Theorie anscheinend nicht nachhaltig in ein öffentliches Bewusstsein vordringen konnte. Nach wie vor wird die Ökonomik...

Die Zweckmäßigkeit qualitativer bzw. rekonstruktiver Forschungsmethoden ist in sozialwissenschaftlichen Fächern seit langem anerkannt, entsprechend wird diese Methodik in der Forschungspraxis umfassend eingesetzt. Im wirtschaftswissenschaftlichen Feld hingegen spielen qualitative Methoden,...

The paper suggests that casting the choice problem in terms of alternative time-consuming activities can foster the fruitful cross-fertilization between economics and psychology along the lines suggested by Scitovsky in the Joyless Economy. The first part emphasizes how mainstream, utility-based...

In the history of economic thought Walter Eucken is mostly known for his impact in establishing the Social Market Economy in post-war Germany. Even though there is a growing interest in his ideas especially from an Austrian and a Constitutional Economics perspective, his influence on the...

The paper suggests that casting the choice problem in terms of alternative time-consuming activities can foster the fruitful cross-fertilization between economics and psychology along the lines suggested by Scitovsky in the Joyless Economy. The first part emphasizes how mainstream, utility-based...

This last decade has seen the emergence of a new field of research in development economics: randomised control trials. This paper explores the contrast between the (many) limitations and (very narrow) real scope of these methods and their success in sheer number and media coverage. Our analysis...