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In times of crisis, aid can help those in need. However, given the complex and uncertain environment, aid provision faces epistemic and political limitations. Remittances are a major source of aid that can overcome these challenges because it is decentralized and adaptable. This chapter examines...
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Israel Kirzner has made important contributions to our understanding of the critical role that entrepreneurship plays in markets and has considerable influence in economics, public policy and entrepreneurship studies. For Kirzner, understanding the role of the entrepreneur is essential to...
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For North, the "intellectual entrepreneurs of ideology" or "ideological entrepreneurs" can and often do play a key role in ideological change. Although ideological entrepreneurs play such a key role in bringing about ideological and, so, institutional change, Douglas North does not devote a lot...
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This paper argues that in order to understand West Indian economic underdevelopment, the saliency of the informal institutions that emerged during its colonial period and the effect these institutions have had on the emergence of a local entrepreneurial class can not be discounted. British...
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