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This book presents the most significant theoretical articles by Bertram Schefold to illuminate the development and the present state of modern classical theory.

This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process.

This work disentangles painstakingly from a maze of sometimes contradictory, obscure and often neglected contributions, the line which leads from Marshall's interest theory to Keynes's income adjustment process.

The book develops an explanation of distribution between profits and wages, which is both logically coherent and supported by reality. It is centred upon a concept of the money rate of interest as the variable that governs the normal profitability of capital.

Understanding the governance of nations is a key challenge in contemporaneous political economy. This book provides new advances and the latest research in the field of political economy, dealing with the study of institutions, governance, democracy and elections.

The author undertakes a new interpretation of physiocratic economics and its contributions to the foundation of economic science.

This book looks at the value and distribution debates on the theories of Adam Smith. A variety of the aspects of his work are covered in this book such as his labour command measure, as are a number of interpretations and criticisms.

This book presents state-of-the-art research in political economy dealing with the decision making process under different political institutions.

Understanding the governance of nations is a key challenge in contemporaneous political economy. This book provides new advances and the latest research in the field of political economy, dealing with the study of institutions, governance, democracy and elections.

This book presents state-of-the-art research in political economy dealing with the decision making process under different political institutions.

This book presents a set of original and innovative contributions on state, institutions and democracy in the field of political economy. Modern political economy has implied the interaction between politics and economics to understand political, electoral and public issues in different nations, and in this volume a group of leading political economists and political scientists from Europe, America and Asia provides theoretical advances, modelling and case studies on main topics in political economy.The analysis of the role and performance of politics and democracy in diverse nations implies the study of the organization of the state, lobbying, political participation, public policies, electoral politics, public administration and the provision of public services. This book provides advances in the research frontier of these topics and combines historical evidence, institutional analysis, mathematical models and empirical analysis in an interdisciplinary approach. Political and social scientists, economists and those interested in the performance of states, democracy and elections can find new research results in this volume.