During the great depression of the 1930s, facing drastic unemployment and declining incomes, many of the European countries affected engaged in protecting their national markets through import protection. This beggar-thy-neighbor policy gave the economists’ profession an impetus to show what...

Using empirical evidence and theoretical analysis we show the fallacy of globalization through free international trade. A new and more comprehensive destructive trade analysis indicates that free international trade per se is likely to worsen world economic conditions and especially those of...

There is a fundamental difference between the impacts of two alternative systems of economic organization: capitalist or fully democratic. The latter, based on democratic decisions based on personal rights, including in the area of enterprise management and organization will, in many contexts,...