In line with rapid world economic growth, globalization has led to a decrease in global income inequality, according to the World Bank. However, in some contexts, income disparity continues to rise, proving that a variety of factors can determine wealth and income across different countries and...

Foreword by Francesco Schettino Part I:Capitalism and Socialism as Modes of Production 1. Introduction to Part I2. The hard scientific underpinnings of XXIth century political economy3. Modes of production and socioeconomic formations 4. Labor and value 5. Real competition, pending issues and...

This topical book interprets firms, governments and economic change from an entrepreneurial perspective. Essentially, it applies the Austrian theory of human agency and evolutionary theories of the firm to explain economic organisation, the state and institutional change. Tony Yu begins by...

Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from...