Books reviewed: Peter Bernholz, Monetary Regimes and Inflation: History, Economic and Political Relationships William Oliver Coleman, Economics and Its Enemies: Two Centuries of Anti-Economics Michael Pusey, The Experience of Middle Australia. The Dark Side of Economic Reform Bent Flyvbjerg,...

Books reviewed in this article: Gordon Fletcher, Understanding Dennis Robertson: The Man and His Work Robert G. Chambers and John Quiggin, Uncertainty, Production, Choice, and Agency John Ravenhill, APEC and the Construction of Pacific Rim Regionalism Stephan Boehm, Christian Gehrke, Heinz D....

Models of endogenous growth have not been able to account for the variety of empirically observed distributional properties of the returns to innovation, in part, because of the limitations necessarily imposed on competition to cope with increasing returns to scale. Exponential growth, fat...

Adam Smith offers an account, based on rational choice considerations, of the grammatical change experienced by languages when adults attempt to communicate across languages in such a way as to minimize transactions costs. His model predicts what is known to linguists as a "pidgin," a language...

The orthodox view of economic policy holds that public deliberation sets the goals or ends, and then experts select the means to implement these goals. This assumes that experts are no more than trustworthy servants of the public interest. David M. Levy and Sandra J. Peart examine the historical...