Presents researches in linear and nonlinear modelling of economic and financial time-series. This book provides a comprehensive understanding of financial and economic dynamics in various aspects using modern financial econometric methods. It also presents and discusses research findings and...

In practically all of its various forms, petroleum is potentially hazardous to the environment. As a result, virtually every activity engaged in by the petroleum industry can have profound environmental implications. For many years, environmental considerations have played a role in decisions...

In this Essay I shall try to set out the basic premises of libertarianism, and to apply them to issues such as socialism, capitalism, unionism, free trade, pay equity, minimum wages, underdeveloped countries and pollution. It is important that this be done since if we are to discuss this...

This paper argues the case for the legalization of addictive drugs such as marijuana, cocaine, and heroin. It maintains that there are no “market failures” which could justify a banning of these substances, and that, as in the earlier historical case of prohibition of alcohol, our present...