Macmillan economics

Tim Farmiloe (publishing academic division) and Stephen Rutt (publisher, higher-education division) outline Macmillan's publishing plans for economics books.     

hayek's economics

The dispersal of information in the economy is the key to Hayek's analysis of economic planning, the trade cycle and entrepreneurship. Gerald Steele, a lecturer at Lancaster University, explores Hayek's analysis. The function of the market is to coordinate this dispersed information.     

election economics

Economic management is crucial to winning elections, Robert Lind of UBS Phillips and Drew reviews the prospects and outlines possible strategies for victory.     

routledge economics

Alan Jarvis, economics editor of Routledge, outlines his publishing plans for the coming year. He also describes Routledge's role as Hayek's publisher.     

The economics of a good party: Social mechanics and the legitimization of art/culture

Putting value on cultural goods is a messy business. Cultural value is not just an economic act but instead part of an intense social process of valorization and legitimization. Art/culture is socially consumed and socially aware. Economic value is determined by intangible (and ephemeral) social value formed from and within specific contexts by particular people, the “scene”, so to speak. What are the mechanisms by which the social dynamics of art/culture impact its economic legitimacy? This article looks at how art/culture attains market value, focusing on the social contexts by which culture is produced, evaluated and distributed.     

edward elgar economics

Edward Elgar, managing director of publishers Edward Elgar, outlines his publishing plans for the coming year.     

Oxford UP economics

Andrew Schuller, economics editor of the Oxford University Press, outlines his publishing plans for the coming year.     

harcourt brace economics

Jennifer Pegg, economics editor with Harcourt Brace, outlines her publishing plans for economics books for the rest of 1993 and beyond.     

black well economics

In the first of a series of articles by economics editors at leading publishers, Mark Allin outlines what economics books Blackwell plans to publish over the next year.     

Regular competitive equilibria in disequilibrium economics

Regular competitive equilibria, in the sense of Guy Laroque, play an important role in disequilibrium economics. In this paper it is shown that the set of economies with only regular competitive equilibria, is open and dense in the set of all economies with respect to the strong Whitney-topology.     

Transaction cost economics in Scandinavian business administration

This Introduction briefly surveys transaction cost economics and explains its general relevance for business administration. A discussion of the impact of transaction cost economics on Scandinavian work in business administration is offered, after which the contributions to the present Special Issue are introduced.     

Keynesian economics in the twenty-first century1

The Keynesian theory as set out by Keynes embodied an Achilles heel which he himself half understood but chose to ignore. It is also ignored by “post-Keynesians” and “New Keynesians”. The trouble is not in the labour market but in the goods market, where The General Theory, at least up to Chapter 19, definitely assumes perfect competition. But on that assumption the possibility of a Keynesian recession requires that employers behave with highly inconsistent expectations. Once, however, the assumption of perfect competition in the goods market is replaced by imperfect competition or oligopoly, the Keynesian theory re-emerges not only as robust, but also totally relevant to the 21st century.     

The economics of netting in financial networks

Journal of Economic Interaction and Coordination - Can the netting of on-balance-sheet interbank assets and liabilities be useful in thwarting financial contagion during a systemic crisis episode?...     

what role for economics?

What is the role of economics and economists at business school? Professor John Burton, director of Centre for Business Economics at the European Business School, reviews the issues and concludes that economists need to become more businesslike.