Economic Affairs

2003 - 2026

Current editor(s): Philip Booth

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Volume 46, month 06, 2026

Introduction pp. 173-173

J R Shackleton

Attitudes towards the market economy and capitalism in Ukraine, Poland and Russia pp. 175-189

Rainer Zitelmann

Industrial policy under supply constraints: Evidence from Japan's strategic investment sectors pp. 190-203

Hideki Nishigaki

Marx and the paradox of liberation pp. 204-223

Pablo Paniagua

Economic integration and public perceptions: Evidence from the African Continental Free Trade Area pp. 224-242

Josh Matti

Is Aid for Trade related to trade inclusivity in African countries? pp. 243-268

Sèna Kimm Gnangnon

Ephemeral capital: How memepreneurs profit from memes pp. 269-284

Kris Kaleta

Licensing requirements and health inspection outcomes in nail salons and barbershops pp. 285-312

Matthew P West

The shadow economy in Vietnam: Estimates using the MIMIC approach pp. 313-336

Dat Van Luong, Tien Van Nguyen and Ha Nguyen Ngoc To

The Bank of England reaction to COVID‐19 and after: A personal view pp. 337-345

Jonathan Haskel

Responsible politics means resource constraints, transparency and the separation of money from political power pp. 346-356

Volodymyr Vysochansky

Adam Smith and market urbanism pp. 357-363

Eugenio Gerardo Garza Garza

A critical look at green energy policies pp. 364-371

Lawrence Haar

Queering economics: Reimagining the dismal science By Michael E Martell and Leanne Roncolato pp. 372-374

Valentin Boboc

Our dollar, your problem: An insider's view of seven turbulent decades of global finance and the road ahead By Kenneth Rogoff pp. 375-377

Geoffrey Wood

Chains of command: The rise and cruel reign of the franchise economy By Brian Callaci pp. 378-380

Christopher Snowdon

The Great Realignment: Why the New Right is here to stay By Stephen Davies pp. 381-383

Charles Amos

Volume 46, month 02, 2026

Introduction pp. 1-1

J R Shackleton

UK monetary and fiscal policy since 2007: Could we have done better? pp. 2-16

Terence Burns

Debt as a US defence spending consideration since the end of World War II. Part Two: Nixon to Biden pp. 17-40

David Tier

The government–robber comparison: A long‐standing tradition beyond avowed libertarianism pp. 41-58

Brian Mandeville

Why is competition in the European football market failing, and what should be done about it? pp. 59-75

Magnus Henrekson and Lars Persson

Modern Monetary Theory: The Bolshevik experiment pp. 76-98

Nikolay Nenovsky and Kevin Dowd

Your life versus their jobs: The political economy of transport safety automation pp. 99-114

Roslyn Layton

The attitude of the Turkish population towards markets, wealth and capitalism pp. 115-131

Murat Çokgezen

Employer attitudes to concurrent employment: An analysis of the European Union and Ukraine pp. 132-149

Оlena Yе Lutsenko, Dmytro V Gryn, Oleksii S Nesterovych, Karina Y Halynska and Eugene K Pushkarev

Banking's transformation and the harmful effects of too much finance pp. 150-156

Guangdong Xu

How countries go broke: The big cycle By Ray Dalio pp. 157-159

Milena Mazzoli

The political economy of central banking: A short history of the changing role of central banks By Alessandro Roselli pp. 160-162

Gabriel Stein

False dawn: The New Deal and the promise of recovery, 1933–1947 By George Selgin pp. 163-165

Forrest Capie

The European Miracle and beyond: Essays in honour of Professor E. L. Jones Edited by Gary B. Magee and Kent Deng pp. 166-169

Michael James

Volume 45, month 10, 2025

Introduction pp. 367-367

J R Shackleton

Debt as a US defence spending consideration since the end of World War II. Part One: Truman to Johnson pp. 368-394

David Tier

Beyond David Graeber: How state intervention creates ‘bullshit jobs’ pp. 395-416

Alexis Sémanne

Post‐pandemic economic recovery: A review of the effectiveness of fiscal and monetary policies in India pp. 417-439

Sazzad Parwez

China's 2024 economic stimulus pp. 440-460

Kerry Liu

Societal value and health economic benefits of GLP‐1 drugs in the United States pp. 461-478

Frederik Cyrus Roeder and Emil Panzaru

One money – two values: Sweden's experience of parallel banknotes 1789–1803, and its relevance for today's CBDC debate pp. 479-496

Gabriel Stein

Transforming the monetary system pp. 497-508

Volodymyr Vysochansky

Property rights and entrepreneurship pp. 509-521

Leonel A Regalado Cardoso

An economic evaluation of renewable energy development in Russia's Arctic region pp. 522-544

Oleg Dubinskii

New Zealand's Regulatory Standards Bill: A mild transparency measure under fire pp. 545-554

Bryce Wilkinson

Lehren aus Deutschland pp. 555-561

Kristian Niemietz

Money, debt and interest in monotheistic religions: An etymological approach By Murat Ustaoğlu pp. 562-563

Benedikt Koehler

Mark Carlson. The young Fed: The banking crises of the 1920s and the making of the lender of last resort pp. 564-566

Forrest Capie

The price of our values: The economic limits of moral life, By Augustin Landier and David Thesmar pp. 567-568

Kristian Niemietz

Volume 45, month 06, 2025

Introduction pp. 173-173

J R Shackleton

The politics of lockdown policies: Evidence from Brazilian states pp. 175-202

João Pedro Bastos and Vincent Miozzi

Adam Smith's hopes for a liberal America pp. 203-223

Michaela Loughran and Daniel B Klein

The factors behind the depreciation of the yen: Why Japan needs a policy shift pp. 224-243

Hideki Nishigaki

The legacy of cypherpunk in the modern economy pp. 244-260

Kris Kaleta

The role of banking development in economic growth: Quantity versus quality pp. 261-276

Guangdong Xu

The act of voting: Another challenge for behavioural economics pp. 277-288

Panagiotis Karadimas

Milton Friedman's spending matrix revisited: ‘Spending efficiency’ and ‘preference compatibility’ across different economic systems pp. 289-312

Ali Zeytoon‐Nejad

Industrial relations in Australia: How trade unions became the country's biggest capitalists pp. 313-322

Ken Phillips

Rethinking monetary policy: The case for nominal GDP targeting pp. 323-331

Damian Pudner

Retreating from globalism pp. 332-344

Michael James

Misreading Mises pp. 345-352

Christopher Snowdon

Sociology and classical liberalism in dialogue: Freedom is something we do together Edited by Fabio Rojas and Charlotta Stern pp. 353-355

Megi Cara

Gasco, Anna. The airport as urban territory: The spatial effects of Singapore's Changi Airport pp. 356-357

Joshua Bowden

The entrepreneurial scholar: A new mindset for academia and beyond By Ilana M Horwitz pp. 358-360

Graham Jones

Goodwin, Matt. Bad education: Why our universities are broken and how we can fix them pp. 361-362

J R Shackleton

Libertarian literary and media criticism: Essays in memory of Paul A. Cantor Edited by Jo Ann Cavallo pp. 363-365

Thomas Baumert

Volume 45, month 02, 2025

Introduction pp. 1-1

J R Shackleton

What's ideological about limited government? pp. 2-16

Christian Bjørnskov

Exploitation of Eurosystem loopholes and their quantitative reconstruction pp. 17-26

Karl Svozil

What Sweden thinks about markets, capitalism and the rich pp. 27-44

Anders Ydstedt and Rainer Zitelmann

The economic surplus: A history of an eventually problematic idea pp. 45-61

Evan W Osborne

Can machine learning reduce volatility in electricity markets? Lessons from the economic calculation debate pp. 62-77

Fuat Oğuz and Mustafa Çağrı Peker

Impact of the Medicaid expansions on heart disease mortality in the United States: A county‐level analysis pp. 78-91

Grady King and Srinivas Palanki

Hegel on the right to private property pp. 92-99

Benedikt Koehler

Key lessons learned from food insecurity during the COVID‐19 pandemic in Arab countries pp. 100-122

Suzan Abdel‐Rahman and Mohamed R Abonazel

Not just the top five journals: A recipe for European economists pp. 123-131

Magnus Henrekson, Lars Jonung and Mats Lundahl

Human presence is a necessary part of the solution for environmental conservation and land use pp. 132-139

José Ramón Arévalo

Some reflections on Hardin's property rights solution to the tragedy of the commons pp. 140-146

Lawrence W C Lai

Liz Truss: More than a lettuce? pp. 147-159

J R Shackleton

The returns to power: A political theory of economic inequality By Thomas Remington pp. 160-161

Dmitrii Trubnikov

The care dilemma: Caring enough in the age of sex equality By David Goodhart pp. 162-164

Annabel Denham

Catholic social thought, the market and public policy: Twenty‐first century challenges Edited by Philip Booth and André Azevedo Alves pp. 165-166

Robert C B Miller

Money in the twenty‐first century: Cheap, mobile, and digital By Richard Holden pp. 167-169

Susanna Booth

No one left: Why the world needs more children By Paul Morland pp. 170-172

Charles Amos