Paul Davidson is one of the best known and most influential Post Keynesian economists. He has insisted throughout his career that economists should focus on real world problems and that the purpose of economic policy is to help society become more humane and civilized. He is also known for his...

This paper discusses the debate between those advocating a computational and those advocating a dynamic definition of complexity, and how this relates to issues in econophysics. It then reviews the criticisms that have been raised about ways in which econophysics has been done, noting that many...

For transition economies, income inequality is positively correlated with the share of output in the informal economy. Increases in income inequality also tend to be correlated with increases in the share of output produced in the informal economy. These hypotheses are supported significantly by...