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  • Reform for Sale

    A Common Agency Model with Moral Hazard Frictions

    Series series Elements in Law, Economics and Politics
    Lobbying competition is viewed as a delegated common agency game under moral hazard. Several interest groups try to influence a policy-maker who exerts effort to increase the probability that a reform be implemented. With no restriction on the space of contribution schedules, all equilibria perfectly reflect the principals' preferences over alternatives. As a result, lobbying competition reaches ... Read more

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  • Economics After the Crisis

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    An accessible description of modern macroeconomics, and a defense of its policy relevance.Macroeconomists have been caricatured either as credulous savants in love with the beauty of their mathematical models or as free-market fundamentalists who admit no doubt as to the market's wisdom. In this book, Kartik Athreya draws a truer picture, offering a nontechnical description of prominent ideas and ... Read more

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  • The New Future of Money: How Our Debt Money System is Wrecking the World And How You Can Change It

    Ssemakula Peter Luyima provides a new concept for World Economy in the 21st century, by producing a revised concept of MuRatopian Economy; 30 years after Professor Kaoru Yamaguchi presented a synthesized analysis of the Neoclassical, Keynesian and Marxian with his own public money economic model. It is this author’s intention not only to provide an integrative concept for reconstruction of the ... Read more

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  • Lawlessness and Economics

    Alternative Modes of Governance

    Series series The Gorman Lectures in Economics
    How can property rights be protected and contracts be enforced in countries where the rule of law is ineffective or absent? How can firms from advanced market economies do business in such circumstances? In Lawlessness and Economics, Avinash Dixit examines the theory of private institutions that transcend or supplement weak economic governance from the state.In much of the world and through much ... Read more

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    This collection honours the work of the eminent economist Josef Steindl. Steindl's work is illuminated through a critical appraisal of its central constructs with a focus on its relevance to current economic conditions. This collection charts the thinking of one of the leading economic theorists of the twentieth century. ... Read more

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  • Economic Methods for Lawyers

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  • The Language of Law and Economics

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