Introduction / Rosemarie Fike, Stefanie Haeffele, and Arielle John -- Irrationality is not unreasonable : behavioral economics, rationality, and implications for public policy / Mario J. Rizzo -- What is a nudge? / Jeffrey Bristol -- Why nudges should be local and decentralized / Katarina Hall...

1. Introduction -- 2. Entrepreneurship as Complex, Bundled Decisions: An Inframarginal Analysis -- 3. Diverted Attention During Recessions -- 4. Conceptualization of a Kirznerian-Ethnic Entrepreneur in Market Sociology -- 5. The Comparative Liberty-Dignity Context of Innovative Immigrant...

Abstract: Ha-Joon Chang (2011), in his article ‘Institutions and Economic Development: Theory, Policy and History', argues that economists place too much faith in ‘liberalized' institutions. Institutions matter for growth, he contends, but not the way institutional economists think they do....

The rival opinions expressed by Jeffrey Sachs in his book The End of Poverty and by William Easterly in The White Man's Burden epitomize the dichotomy in the economics literature regarding the role of foreign aid in eliminating extreme poverty. On the one hand, the majority of governments see...

Since at least Max Weber, social scientists have looked closely at the nexus between markets and cities. Weber believed that cities and markets were inextricably linked. In his seminal work Economy & Society, for instance, Weber ([1921] 1978, p. 1213) describes the city as a market settlement....