Authors, Ekelund and Price have produced an engrossing and informative study of the economic life and times of Edwin Chadwick. Scholars interested in economic policy and reform, the history of industrialization,
In this article, J.H. Huebert reviews Richard A. Posner’s Catastrophe: Risk and Response.
In Guns, Germs, and Steel (1997) and Collapse (2005), Professor Jared Diamond argues that geography and environment are the “ulti
Perhaps the best way of writing an introduction for this most welcome French translation of Ethics of Liberty is to discuss what has happe
This paper proceeds by explaining deflation and aggregate price determination in more detail. Then, some facts about the development of Japan, 1990–2001, are provided, together with an extensive interpretation
In his book The Theory of Economic Development, Schumpeter (1934) pointed out that entrepreneurs are prime movers of economic change. The entrepreneurs described by Schumpeter were innovators.
Despite claims to the contrary, Japan’s economy is continuing to suffer mightily under the leadership of Prime Minister Abe Shinzo. Abe’s so-called “three arrows” of monetary stimulus, fiscal stimulus, and structural reform, have crippled the Japanese economy with higher taxes, inflation, and easy money.
Germany has now decided that its gold is safe in the hands of the Federal Reserve after all.
