Economics has firms maximizing value and people maximizing utility, but firms are run by people. Agency theory concerns the mitigation of this internal contradiction in capitalism. Firms need charters, regulations and laws to restrain those entrusted with their governance, just as economies need...

This paper provides an overview of the evolution of macroeconomic thought from 1936, the year John Maynard Keynes published his general theory of employment, interest and money to the year 2010. It explores the reasons for the extension of the business cycle during the postwar period. The paper...

The increased representation of minority students on the campuses of predominantly White universities in the United States presents increased opportunities for intercultural contact. Studying dating experiences across racial and ethnic lines has been used to determine the existence of a...

The Japanese catch up between 1868 and 1974 holds important lessons for underdeveloped countries. This paper evaluates the Japanese experience including strategic and geopolitical considerations. Successful industrial policies implemented might have been shaped under the influence of those...

This paper summarizes and highlights different methodological approaches to behavioural economics in the context of the conventional economic wisdom and the implications of these different methodological approaches for financial literacy, related institutional change, and public policy....

The work provides quantitative inter-temporal and international perspectives for assessing performance in 16 European capitalist countries, and examines the forces which have shaped their development. From a historical perspective, the author looks back over the five main phases of the modern...

The objective was to assess the effect of hard martial arts on the physical fitness components such as balance, flexibility, gait, strength, cardiorespiratory function and several mental functions in people over forty. A computerized literature search was carried out. Studies were selected when...

The purpose of this paper is to discuss human trafficking within the broader framework of socio-economic inequality. The presence of socio-economic inequality in the world creates a system where those in power very easily dominate and take advantage of those people without power. One of the most...

Sociologists have established that social networks often play an important role in hiring, promotions, and occupational mobility. For black workers, however, social networks can be racialized in ways that work to their disadvantage. In this paper, I consider how black professional men develop...