The aim of the paper is to outline an economic theory of security in international perspective. First section highlights the economic theory of alliances. Second section examines the defence economics. Third section looks at terrorism from rational choice theory point of view. Forth section...

This article deals with the problem of the lack of talented employees across industries, from the low-tech to the high-tech, as well as across countries, from the developed to the developing ones. The author includes among the key causes the increase in "intangible assets', ageing populations,...

The article contests an argument that the creation of a capital market in educational "human capital" and subsequent voluntary transactions on this market are sufficient to create equal opportunities in education, consequently reducing the income premium enjoyed by households with higher initial...