An intergenerational model of wealth distribution is the basis for an analysis of educational policy: specifically grants, loans and subsidies. Parents endow their children with education and/or cash bequest; the child's earned income and the cash bequest may be taxed. For given tax schedules...

This paper examines the nature of the economic failure that has brought North Korea such low living standards, and considers how the economic system might be reformed to facilitate a return to overall growth in both aggregate income (GDP) and general living standards. The focus is on...

Purpose – To investigate the application of the social enterprise model to the childcare sector in Scotland and develop a practical model for analysing such social enterprises. Design/methodology/approach – A review of the literature of ideas on social enterprise found in official and...