High finance has been crucial to the development of states and economies since the early Renaissance. The abandonment of traditional constraints on money-lending in the early 1300s enabled the city-states of Italy to develop rapidly. This connection to finance was crucial to the rebirth of art,...

When did finance stop thinking about behaviour? The ascendency of the "rational man" model of finance has been strongly influenced by the notion of markets as being akin to natural systems. The question rapidly changes from asking when did finance stop thinking about behaviour to when did...

This is a response to the European Commission proposed regulation to address Too Big To Fail (TBTF). TBTF is a function of interconnections and size, not just being a bank but also doing "bank-like" activities. Limiting the discussion to just banks will not result in an effective policy...

The aim of this article is to provide a discussion interface for historians and those that are in the present world of economics. The Global Financial Crisis set in motion a series of debates on the nature and scope of monetary policy. The role of monetary policy and the central bank since the...

Times of financial crisis generate often irregular monetary policy response. In the past decade, much focus has surrounded zero, and even, negative interest rate policies along with quantitative easing. While corporate borrowing continues to be ‘cheap,’ it is important to analyse as to...

We study the impact on a country’s economy of sharing a direct land border with a country experiencing conflict. Through analysing sixty-three major episodes of regional instability during the period between 1990 and 2016 by using panel data methods applied to unrestricted error correction...

The Irish financial crisis through the period between 2008 and 2012 caused unprecedented damage to the national economy while generating substantial inequality and demographic issues through the austerity measures that followed. While large amounts of taxation has gone towards understanding the...

The unfortunate set of circumstances surrounding the loss of both Lion Air Flight 610 and Ethiopian Airlines Flight 302 led to the immediate grounding of the advertised ‘incredibly fuel efficient' Boeing 737-MAX. The side-effects of the decision to ground such flights led to delays and...

This paper investigates whether companies that initiated blockchain-development as a primary short-term corporate strategy, exhibited abnormal corporate performance as conditioned by financial performance, leverage, social media sentiment and previous experience of technological development....

The purpose of parliament is to present a discussion of policy in a fashion that will bring about a consensus that results in collective action. Such a collective action serves the common good of the state, although second-order effects and Pareto optimality is difficult to obtain, if not...