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The Economic Geography of the Tourist Industry explores how tourism is defined and examines whether or not tourism can be conceptualized as an industry. Detailed analyses of key sectors of the travel and tourism industry, such as tour operators, airlines and the hotel industry, …
This analysis of poor economic reasoning "weaves together recent articles and addresses, some of them never before published, into a short, compelling narrative on the major issues of the 1990s: unemployment, globalization, economic growth, financial speculation ... corporate do…
Conference report on dynamically stable econometrics models of business cycles in the USA and their forecasting properties - examines methodologycal problems, analyses stochastic and non-stochastic simulations in respect of economic policy, etc., and stresses the need for furthe…
"The period 1945-90 is analysed in terms of six main vectors: the interstate system, world production, the world labour force, world human welfare, the social cohesion of states, and the structures of knowledge. The book concludes with two global overviews: one for 1945-1990, an…
The author, a noted economist and diplomat, traces the evolution of money and the institutions and techniques for its management and mismanagement from Lydian coinage to 20th century inflation.
"Why did VHS, an inferior video recorder technology, succeed in the marketplace, driving the superior Betamax out of business? Why do big-budget, acclaimed movies sometimes flop at the box office, while low-budget, idiosyncratic films become huge hits? The answers to these quest…
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldw…
Economics, far from being the "dismal science," offers us valuable lessons that can be applied to our everyday experiences. At its heart, economics is the science of choice and a study of economic principles that allows us to achieve a more informed understanding of how we make …
Economics, far from being the "dismal science," offers us valuable lessons that can be applied to our everyday experiences. At its heart, economics is the science of choice and a study of economic principles that allows us to achieve a more informed understanding of how we make …
The past twenty years have been an era of economic disappointment in the United States. They have also been a time of intense economic debate, as rival ideologies contend for policy influence. Above all, they have been the age of the policy entrepreneur - the economic snake-oil …
In the United States, suicide is typically theorized as an individual act, and as symptom of a mental disorder. However, evidence shows that those who die of suicide (e.g., by sex, race) varies depending on cultural, social and economic factors. Research on the contexts of suici…
In my first essay, I investigate whether business cycle dynamics are characterized by asymmetries. I provide evidence on this issue using a variety of time series models. My approach is fully parametric and testing strategy is robust to any conditional heteroskedasticity, outlie…