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This book argues that economists need to reengage with societal issues, such as justice and fairness in distribution, that inevitably arise when discussing the basic economic problem of unlimited human wants and finite resources. Approaching the problem through a history of economic thought, Johnson reexamines Adam Smith’s contributions to show how they reach beyond neoclassical models that are too simplistic to reflect the growing interdependencies of market economies. He breaks down supposedly value-free neoclassical postulates to expose normative assumptions about economics and justice, demonstrating, for example, that the concept of market equilibrium is problematic because need-based behavior can produce involuntary unemployment even when a competitive labor market achieves equilibrium.

Microeconomics --- Labour economics --- economie --- arbeid --- politieke economie

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If the European Union and its Member States are to compete successfully in an increasingly aggressive global market, whilst many other economies continue to get stronger, all parts of the European Union, Member States and the EU institutions, have to regulate smarter. The answer therefore is not to give up on rules, but rather to develop and implement good quality rules. Presenting both timely and relevant forms of European policy instruments in the field of financial services, public administration, transport, working conditions and social protection, this volume shows which kind of policy instruments work and under what circumstances. This will help all to overcome many of the impediments to using alternative policy instruments at the European level as appropriate responses to pressing European and global governance challenges, such as efficiency, accountability, transparency and legitimacy.

Social sciences (general) --- Politics --- sociale wetenschappen --- politieke economie

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Corruption is usually understood as hampering political development, economic growth and democratic participation of citizens, but comparing the effects of corruption for different political regimes presents astonishingly complex findings. The ongoing persistence of corruption underlines that it is not only dysfunctional, but can be highly functional as well. This special issue brings together contributions from comparative politics, political science and economics which precisely focus on these (dys)functionalities of corruption in political regimes across various world regions. The question of methodological pluralism is especially important for studying corruption comparatively. While on an international level a trend towards an increased use of quantitative methods in political science as well as in economics can be observed, the special issue underlines the importance of having a pluralistic approach for grasping the complex and multi-layered effects of the phenomenon. Of similar importance is the adoption of a comparative perspective that includes different world regions in order to understand the different roles of corruption in developing, transforming and developed countries alike. Dr. Tobias Debiel is Director of the Centre for Global Cooperation Research and of the Institute for Development and Peace (INEF). Since 2006, he is also Professor in International Relations and Development Policy, Institute of Political Science, University of Duisburg-Essen. Dr. Andrea Gawrich is Professor for International Integration at the University of Gießen.

Psychology --- Social sciences (general) --- International relations. Foreign policy --- Politics --- politiek --- sociale wetenschappen --- politieke economie --- internationale betrekkingen

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This book - the first of two volumes- looks at episodes in American economic history from a public choice perspective. Each chapter discusses citizens, special interests, and government officials responding to economic incentives in both markets and politics. In doing so, the book provides fresh insights into important periods of American history, from the Acadian expulsion in 1755 to the allocation of government grants during the New Deal. This volume features the work of prominent economic historians such as Dora Costa, John Wallis, and Jeremy Atack; well-known public choice scholars such as Jac Heckelman; and younger scholars such as Vincent Geloso and Philip Magness. This book will be useful for researchers and students interested in economics, history, political science, economic history, public choice, and political economy.

Microeconomics --- Economic policy and planning (general) --- World history --- economie --- economische politiek --- economische geschiedenis --- politieke economie

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This book addresses major issues facing postal and delivery services throughout the world. Worldwide, there is currently a considerable amount of interest in postal and delivery economics. The industry is reacting to a state of near crisis and is implementing different drastic changes. The European Commission and member States are still wrestling with the problem of how to implement entry liberalization into postal markets, how to address digital competition, and how to maintain the universal service obligation (USO). The Postal Accountability and Enhancement Act of 2006 in the U.S. has perhaps created and exacerbated the problems faced by USPS. Digitalisation, technological development and online platforms are strongly affecting both the way postal and delivery operators are managing their services as well as their role on the market. Strong emphasis was attributed to the assets of Postal Operators (POs) and their added value in the digital age as well as on new business strategies. This volume presents original essays by prominent researchers in the field, selected and edited from papers presented at this year’s 26th Conference on Postal and Delivery Economics held in Split, Croatia, from May 30- June 2, 2018.Topics addressed by this volume include quality of service, last mile solutions, and competition in the liberalized market. This book will be a useful tool not only for graduate students and professors, but also for postal administrations, consulting firms, and federal government departments. .

Microeconomics --- Economic policy and planning (general) --- Business policy --- economie --- economische politiek --- industrie --- politieke economie