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Seldom considered is whether markets do an adequate job of shaping our tastes. David George argues that they do not, and that the standard economic definition of efficiency can be used to demonstrate that the market ignores people's desires about their desires. He concludes that markets perform poorly with respect to second-order preferences, thus...

While innovative ideas and creative works increasingly drive economic success, the historic approach to encouraging innovation and creativity by granting property rights has come under attack by a growing number of legal theorists and technologists. In Laws of Creation, Ronald Cass and Keith Hylton take on these critics with a vigorous defense of...

Should businessmen who commit fraud go to prison? This question has been asked repeatedly since 2008. It was also raised in nineteenth-century Britain when the spread of corporate capitalism created enormous new opportunities for dishonesty. Historians have presented Victorian Britain as a haven for white-collar criminals, beneficiaries of a...

Originally published in 1915, as part of the Cambridge Industrial and Commercial Series, this book presents an account of trade and commerce in Britain. Systems of weights, measures and coinage are historically considered before being contrasted with the metric and monetary systems of Europe. This book will be of value to anyone with an interest in...

When are policy makers willing to make costly adjustments to their macroeconomic policies to mitigate balance-of-payments problems? Which types of adjustment strategies do they choose? Under what circumstances do they delay reform, and when are such delays likely to result in financial crises? To answer these questions, this book examines how...

Młodość Agnieszki Osieckiej przypadła na lata pięćdziesiąte, "odwilż" i Październik 1956 roku. W Szpetnych czterdziestoletnich przybliża nam niezwykłą atmosferę tamtych czasów. Jazz i wykopki, Zbigniew Cybulski i Marian Eile, łódzka Filmówka i Piwnica pod Baranami - prywatny leksykon Osieckiej to barwny zbiór zjawisk, postaci i miejsc ważnych dla...