Contents: 1. Introduction: rethinking ethics, economic theory, and public policy -- 2. The evolution of ethics and the market economy -- 3. Understanding why ethical production and ethical investment can flourish in a global economy -- 4. Ethical choices in the economic world -- 5. Free will in...

Angus Maddison's analysis of economic growth and development are rooted in a rich array of compatible time series and cross-section data as well as incorporating unquantifiable variables. He has endeavoured to isolate the variable which have fostered or hindered the process of economic...

Conventional economic wisdom predicts that free and competitive international trade should cause economies GDP to converge over the long run. Empirical evidence of sixteen developed countries suggests that the countries did converge in terms of labour productivity over the period of 1870 to...

A behavioural model of the firm and economic growth is presented whereby the level of economic efficiency, the choice of technology, and the rate of technical change, are all affected by firm organization and institutional variables. In this model, high- and low-wage firms can be cost...