What sorts of changes should we expect to see following the advent of a new specialist journal? Will the flow of articles from the related subdiscipline which appear in generalist journals diminish? Will the new journal ...

A central concern of industrial organization literature is to determine if markets dominated by a leading producer tend to remain that way when entry by rival firms is possible. In particular, suppose market entry is limited ...

Milton Friedman has been taken by some to be a follower of the logical positivists and by others a disciple of the philosopher Karl Popper, but until recently not enough has been said by way of support for such claims to ...

Most doubtful, though, is Gruchy's unbridled faith in planning. The unpredictable dynamics Gruchy finds in economic systems argue strongly against centralized planning, as neo- Austrians suggest. At the practical level most ...

This festschrift, featuring 26 papers by 36 authors, is a fitting tribute to Hollis Chenery who, for over three decades, has been one of the luminaries of development economics. Most of the issues he brought into focus, ...

Kemp and Long demonstrated that it may be preferable to exploit high and low cost resource deposits simultaneously and not in sequence as is typically assumed in the resources literature. They show that it is desirable to ...

He makes us first of all realize that being black in the world of economists does make a difference. And then he tells a story in which fortune has the better part with him as the unwilling participant who nevertheless repeatedly ...