Modern developed nations are rich and politically stable in part because their citizens are free to form organizations and have access to the relevant legal resources. Yet in spite of the advantages of open access to civil organizations, it is estimated that eighty percent of people live in...

For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A...

For well over a century, the United Fruit Company (UFCO) has been the most vilified multinational corporation operating in Latin America. Criticism of the UFCO has been widespread, ranging from politicians to consumer activists, and from labor leaders to historians, all portraying it as an...

Few periods in history compare to the Great Depression. Stock market crashes, bread lines, bank runs, and wild currency speculation were worldwide phenomena--all occurring with war looming in the background. This period has provided economists with a marvelous laboratory for studying the links...

Money is nothing more than what is commonly exchanged for goods or services, so why has understanding it become so complicated? In Money, renowned economist John Kenneth Galbraith cuts through the confusions surrounding the subject to present a compelling and accessible account of a topic that...

Biographical note: KuranTimur: Timur Kuran is professor of economics and political science and the Gorter Family Professor of Islamic Studies at Duke University. He is the author of "Islam and Mammon: The Economic Predicaments of Islamism" (Princeton).

Gerhard A. Ritters Standardwerk über Entstehung und Entwicklung des Sozialstaats seit der Frühen Neuzeit ist so aktuell wie nie. Die öffentlichen Debatten über Sozialtransfers, Gesundheitskosten und die angemessene Höhe von Hartz-IV-Leistungen schlagen hohe Wellen - nicht nur in...

Die Relevanz der Mikroökonomischen Theorie kann am besten dadurch gezeigt werden, dass man zu den ursprünglichen Problemen zurückgeht und die Lösungsansätze aus der Zeit heraus von den Originalautoren darstellen lässt. Die heutige Gesellschaft und auch die heutige Gesellschaftstheorie ist...

The Visionary Realism of German Economics forms a collection of Erik S. Reinert’s essays bringing the more realistic German economic tradition into focus as an alternative to Anglo-Saxon neoclassical mainstream economics. Together the essays form a holistic theory explaining why economic...