Th e dynamics of the emerging transnational stage in world capitalism cannot be understood through the blinkers of nation-state-centric thinking. In her study Empire of Capital, Ellen Meiksins Wood exhibits the reification and outdated nation-state-centric thinking that plagues much recent work on world capitalism and US intervention, expressed in the confusing notion of a ‘new imperialism’. Th...

This article is concerned with the economics of excessively large and socially costly suburban expansion and attempts to summarize and organize the main economic arguments associated with sprawl due to single-family residential home construction. We also apply standard welfare economics and price policy instruments to the issue of suburban sprawl in order to suggest ways in which economics can ...

Abstract The relations between the Islamic empires of early modern period—the Ottomans, Safavids, and Mughals—have long been subject research, as have links each them Europe. present paper adopts a different approach, addressing Central Eastern Europe part single geopolitical continuum. This is done by focusing on events late 1630s—the Safavid-Mughal conflict over Kandahar Ottoman-Safavid Treat...

It is often argued that managers follow some preference function. The internal capital market literature, for example, most commonly treats managers as empire builders who receive increased private bene…ts from having more funds under their control. However, recent empirical work (Bertrand and Mullainathan 2003), shows that some managers might prefer to be left to run a limited number of projec...