Review of Complexity, Risk, and Financial Markets by Edgar E. Peters
Volume 7, No.1 (Spring 2004)
Review of Naked Economics: Undressing the Dismal Science by Charles Wheelan
Volume 7, No.1 (Spring 2004)
Dimensions and Economics: Some Problems — Errata
Volume 7, No.1 (Spring 2004)
Public Goods and Private Solutions in Maritime History
Volume 7, No. 2 (Summer 2004)
The Failure of OCA Analysis
Volume 7, No. 2 (Summer 2004)
In this paper the theory of optimum currency areas (OCA) is presented, and then I will attempt to prove:
1. The OCA theory is nonoperational and irrelevant in dealing with the present international monetary situation.
2. The basic postulates of OCA theory are internally inconsistent and incompatible with economic theory.
Interpreting Caritas: Did Frank Knight and Ludwig von Mises Get it Wrong?
Volume 7, No. 2 (Summer 2004)
The Forgotten Contribution: Murray Rothbard on Socialism in Theory and in Practice
Volume 7, No. 2 (Summer 2004)
Review of Environmental Markets: Equity and Efficiency by Graciela Chichilnisky and Geoffrey Heal
Volume 7, No. 2 (Summer 2004)
Review of The Voluntary City: Choice, Community, and Civil Society, by David T. Beito, Peter Gordon, and Alexander Tabarrok, eds.
Volume 7, No. 2 (Summer 2004)
Perhaps the best concise summary of this book is given by editor Alexander Tabarrok in his concluding chapter. As he points out, where most urbanists see market failures, the authors of The Voluntary City see market opportunities. Needless to say, such a perspective will come as a shock to theorists and practitioners whose raison d’être is built around notions such as public goods and externalities.
