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A proposal that the notion of specificity -- the idea that factors of production are not interchangeable -- can provide a unified framework to analyze and under
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The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written
Openness to Creative Destruction
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Life improves under the economic system often called "entrepreneurial capitalism" or "creative destruction," but more accurately called "innovative dynamism." O
Financial Systems in Developing Economies
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The Swedish welfare state finds itself in the middle of two major upheavals: The impact of technology and immigration. Having taken in more refugees per capita