As the transition from socialism to a market economy gathered speed in the early 1990s, many people proclaimed the final success of capitalism as a practice and

As the transition from socialism to a market economy gathered speed in the early 1990s, many people proclaimed the final success of capitalism as a practice and

Argues that economics is a science, but a human science: a witty guide to the ins and outs of economic philosophy.

Just as economists struggle today to justify the free market after the global economic crisis, an earlier generation revisited their worldview after the Great D

In Bootleggers & Baptists: How Economic Forces and Moral Persuasion Interact to Shape Regulatory Politics, economists Bruce Yandle and Adam Smith explain how mo