For decades, the global economy has promised convergence. The message has been straightforward: open your markets, liberalise your trade, attract investment, and prosperity will follow. Yet many ...

In the spring of 1979, in my second semester of college teaching (as a visiting assistant professor of history at Oberlin), an absolutely brilliant undergraduate wrote a scathing critique of ...

A textbook for the modern prince should indeed contain, in addition to Machiavelli’s classic chapters, extensive new sections on the most efficient use of quotas, exchange controls, capital investment ...

Economic theory has evolved into a multifaceted discipline that not only articulates the fundamental principles governing resource allocation and decision‐making but also integrates classical ideas ...