… revised version of Eaton and Lipsey (1979 a). … Lipsey, 1975) we showed that Hotelling's
explanation of clustering is applicable only to duopolies. In the second paper (Eaton and Lipsey, …

There is an important basic similarity underlying a number of recent works in apparently widely
separated fields of economic theory. Upon examination, it would appear that the authors …

In his book The Customs Union Issue Professor Viner draws the distinction between the
trade-creating and the trade-diverting effects of a customs union. In any theory of customs …

This book examines the long term economic growth that has raised the West's material
living standards to levels undreamed of by counterparts in any previous time or place. The …

THIS paper is devoted mainly to a survey of the development of customsunion theory from
Viner to date; since, however, the theory must be meant at least as an aid in interpreting real-…

In an earlier paper in this journal, Professor Phillips2 has advanced the hypothesis that the
percentage rate of change of money wage rates in the United Kingdom (W) can be explained …

… One place where re-ordering has brought a rich reward is in the treatment of microeconomic
… We should also like to thank Diana Lipsey for reading the text, and Robyn Willis for coping …

While acknowledging the successes of modern economics, this paper concentrates on some
shortcomings. Many are traced to a single source: the great insights of economics are all …

The origin of the second best article is described and criticisms assessed. Distortions making
impossible the achievement of either first or second best optima are outlined. Attempts to …

Economists have increasingly come to accept Joseph Schumpeter’s message that endogenous
technological change is the most important source of long term economic growth 1. One …