This important book, prepared under the direction of Nobel Laureate Lawrence R. Klein, shows how economic forecasts are made. It explains how modern developments in information technology have made it possible to forecast frequently--at least monthly but also weekly or bi-weekly--depending upon...

What is creativity and who exactly is creative? In this insightful and highly readable book, Gunnar Törnqvist attempts to answer these questions by arguing that geographical millieux are hotbeds for creativity and renewal – places where pioneers in art, technology and science have gathered...

This is a unique and detailed book which surveys the diffusion and reception of Alfred Marshall’s ideas and the ways they have influenced the development of economic science up to the present day. -- This is an accessible and extremely readable work offering an interesting perspective on the...

Evolutionary economics is a vital, expanding field of research focusing on the incessant transformation of the economy and its driving forces. Exploring the most recent research trends in the field, this volume presents a high quality set of papers indispensable to scholars and researchers...

The volume begins with an Introduction, followed by a set of three papers in Part Two examining European urban competitiveness from the standpoints of measurement and policy. This section also provides a case study of the cities of one country - Italy - from which the reader can gain an...

The recent global financial crisis has challenged conventional wisdom, and our conception of globalisation has been called into question. This challenging and timely book revisits the relationship between globalisation, the crisis and the state from an interdisciplinary perspective, with law,...

'This important book presents a compelling case that traditional received theory (Paretian-utilitarian) has followed a dangerous path - one not espoused by Adam Smith and Nobel Laureate James Buchanan. The latter viewed value and preferences as mutable (not "given") and believed that rights...

The use of economics to study law was pioneered by the Austrian School of Economics. The nineteenth century founders of the school believed that economics could contribute to understanding the spontaneous development of common law as well as the nature of legal rights. For this insightful...

Part I framing the discussion on the competitiveness challenge -- 1. Boosting European competitiveness / Marek Belka, Ewald Nowotny, Doris Ritzberger-Grünwald and Pawel Samecki -- 2. Harnessing foreign direct investment to boost economic growth / Beata S. Jarvorcik -- 3. Correcting external...

Contents: Foreword / Russell S. Sobel -- 1. Introduction / Gregory M. Randolph -- 2. Creating the environment for entrepreneurship through economic freedom / Joshua C. Hall, Robert A. Lawson, and Saurav Roychoudhury -- 3. The role of public policy in entrepreneurship and migration / Pavel A....