In the present paper we propose that in states with relatively weak central authorities, decision makers had to develop market oriented organisation solutions to successfully face a grave external threat, and these solutions proved to be efficient. Using an interdisciplinary approach that...

In the present essay we analyse for the first time as far as we know the development of democracy, which emerged in Greece during the classical period, into the proto-federations of the democratic city-states. We examine their political institutions and policies, like common defense and external...

Our objective here is to establish the proposition that creative entrepreneurship gives rise to a market order which is optimally adjusted to facilitate the introduction and the diffusion of innovations, particularly those that take the form of new markets, new organizational schemes, new...