Journal of Economic Issues

1967 - 2025

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Volume 39, issue 4, 2005

Why Is Central Bank Independence So Widely Approved? pp. 843-865

James Forder

The Microeconomic Foundations of Business Cycles: From Institutions to Autocatalytic Networks pp. 867-898

Igor Matutinović

Generalizing Darwinism to Social Evolution: Some Early Attempts pp. 899-914

Geoffrey Hodgson

Is There an Institutional Theory of Distribution? pp. 915-931

Christopher Brown

Why Is China a High-Lambda Society? pp. 933-950

John Marangos

Sustainable Development—An Institutional Enclave (with Special Reference to the Bakun Dam–Induced Development Strategy in Malaysia) pp. 951-971

Choy Yee Keong

Can Caribbean Education Attract Knowledge-Based Foreign Direct Investment? pp. 973-993

Winston H. Griffith

The Impact of Institutions on Economic Growth: The Case of Transition Economies pp. 995-1027

Tjaša Redek and Andrej Sušjan

The Short Supply of Tall People: Competitive Imbalance and the National Basketball Association pp. 1029-1041

David Berri, Stacey L. Brook, Bernd Frick, Aju Fenn and Roberto Vicente-Mayoral

Changes in Occupational Earnings along the U.S.-Mexico Border between 1900 and 1920 pp. 1043-1059

Marie T. Mora

Cordes on Veblen’s “Instinct of Workmanship” pp. 1061-1064

Baldwin Ranson

What Orientation for Interpreting Veblen? A Rejoinder to Baldwin Ranson pp. 1065-1069

Christian Cordes

John Kenneth Galbraith: His Life, His Politics, His Economics pp. 1071-1073

David Hamilton

Corporate Governance in Russia pp. 1073-1075

Vincent Barnett

Organizing America: Wealth, Power, and the Origins of Corporate Capitalism pp. 1075-1077

Timothy Wunder

Debt for Sale: A History of the Credit Trap; Paying with Plastic: The Digital Revolution in Buying and Borrowing pp. 1077-1080

Robert Scott

Birthquake: The Baby Boom and Its Aftershocks pp. 1080-1082

Christopher J. Niggle

Pay without Performance: The Unfulfilled Promise of Executive Compensation pp. 1083-1086

William M. Dugger

Thorstein Veblen, John Dewey, C. Wright Mills, and the Generic Ends of Life pp. 1086-1088

Edythe Miller

The Economic Systems of Foraging, Agricultural, and Industrial Societies pp. 1088-1089

Thomas R. DeGregori

Re-examining Monetary and Fiscal Policy for the 21st Century pp. 1090-1092

Gilberto Libanio

Volume XXXIX—2005 pp. 1093-1098

The Editors

Volume 39, issue 3, 2005

Two Sets of Twins? An Exploration of Domestic Saving-Investment Imbalances pp. 551-577

Craig Medlen

The Concept of Uncertainty in Post Keynesian Theory and in Institutional Economics pp. 579-594

Fernando Ferrari-Filho and Octavio Augusto Camargo Conceição

Financial Illusion: Accounting for Profits in an Enron World pp. 595-611

Eric R. Hake

Behavior and Rationality in Corporate Governance pp. 613-632

Oliver Marnet

Dynamic Analysis of an Institutional Conflict: Copyright Owners against Online File Sharing pp. 633-663

Oleg V. Pavlov

A Framework for the Analysis of Stability and Change in Formal Institutions pp. 665-681

William H. Redmond

Behavioral Economics, Power, Rational Inefficiencies, Fuzzy Sets, and Public Policy pp. 683-706

Morris Altman

Life on the Edge: A Look at Ports of Trade and Other Ecotones pp. 707-726

Terrel Gallaway

Thorstein Veblen and Human Emotions: An Unfulfilled Prescience pp. 727-740

Harold Wolozin

Stylistic Sabotage and Thorstein Veblen’s Scientific Irony pp. 741-764

Graham Cassano

Polanyi, Chayanov, and Lessons for the Study of the Informal Sector pp. 765-776

Eyüp Özveren

The Future of Retirement Security in the United States: Laying the Groundwork for Public Discussion pp. 777-791

Charles J. Whalen

What Do Sports Teams Produce? pp. 792-797

Stacey Brook

Performance When It Counts? The Myth of the Prime Time Performer in Professional Basketball pp. 798-807

David Berri and Erick Eschker

Institutions, Network Relations, and Economic Systems: A Counter to Oleinik’s Reply pp. 808-812

Vincent Barnett

“Small” Society and Networks: On the Meaning Lost in Semiotic Translation pp. 813-817

Anton Oleinik

Conflict and Cooperation: Institutional and Behavioral Economics pp. 819-820

Bob Dick

Organized Crime, Prison, and Post-Soviet Societies pp. 821-822

John Marangos

Public Funding of Higher Education: Changing Contexts and New Rationales pp. 822-825

Rick Tilman

The Institutionalist Tradition in Labor Economics pp. 825-827

Charles J. Whalen

Media, Technology, and Copyright: Integrating Law and Economics pp. 828-829

Terrel Gallaway

Worker Displacement in the US/Mexico Border Region: Issues and Challenges pp. 830-832

Roberto Pedace

Books Received pp. 833-841

The Editors

Volume 39, issue 2, 2005

The 2005 Veblen-Commons Award Recipient: William M. Dugger pp. 307-308

William Waller

Dugger’s Theorem: The Free Market Is Impossible pp. 309-324

William M. Dugger

Accidental Veblenian, Intentional Institutionalist, and Inevitable Feminist pp. 326-334

William Waller

The Clarence Ayres Memorial Lecture: The Paradoxes of Happiness in an Old Institutionalist Perspective pp. 335-345

Helge Peukert

Market and Society: How Do They Relate, and How Do They Contribute to Welfare? pp. 347-356

Wilfred Dolfsma, John Finch and Robert McMaster

Combining Equity and the Precautionary Principle: Examples Drawn from Hog Production in Poland pp. 357-364

F. Gregory Hayden

How Efficiency/Equity Tradeoffs Resolve through Horizon Effects pp. 365-373

Frederic B. Jennings

Utility Maximization, Morality, and Religion pp. 375-381

Jonathan E. Leightner

Economic Security and the Myth of the Efficiency/Equity Tradeoff pp. 383-390

David A. Zalewski

Should Australian Aborigines Succumb to Capitalism? pp. 391-400

Randy R. Grant, Kandice L. Kleiber and Charles E. McAllister

The Impact of Welfare Reform on Labor Markets in Impoverished Rural Areas pp. 401-407

David W. Mushinski and Kathleen Pickering

Agency of Development and Agents of Change: Localization, Resistance, and Empowerment pp. 409-418

Tara Natarajan

Mexico’s Changing Distribution of Income? pp. 419-427

David J. Molina and James Peach

The Impact of Supply Chain Management on Labor Standards: The Transition to Incessant Work pp. 429-437

David H. Ciscel and Barbara Ellen Smith

The Social Cost of Labor pp. 439-445

Robert Prasch

Living Large: Evolving Consumer Credit Institutions and Privately Induced Transfer Payments pp. 447-454

Richard V. Adkisson and Randy McFerrin

Whither, or Wither, the Good Society? pp. 455-463

Dell P. Champlin and Janet T. Knoedler

Cognition and Valuation: Some Similarities and Contrasts between Institutional Economics and the Economics of Conventions pp. 465-473

David Dequech

Rereading Becker: Contextualizing the Development of Discrimination Theory pp. 475-483

Deborah M. Figart and Ellen Mutari

A Contemporary View of Joseph A. Schumpeter’s Theory of the Entrepreneur pp. 485-489

Bruce A. McDaniel

Stability in a Superpower-Dominated Global Economic System pp. 491-500

Oleg V. Pavlov, Michael Radzicki and Khalid Saeed

Processes of Gradual Institutional Drift pp. 501-509

William H. Redmond

Deweyan Inquiry and Economic Practice pp. 511-517

James L. Webb

The Veblenian Critique and Critical Realism: A Comparison of Critical Theories of Mainstream Economics pp. 519-525

Matthew C. Wilson

Selected Theories of the Business Cycle in Terms of “Econsochology” pp. 527-533

Brazelton W. Robert

The Natural Rate of Interest Is Zero pp. 535-542

Mathew Forstater and Warren Mosler

Paying Interest on Reserve Balances: It’s More Significant than You Think pp. 543-550

Scott T. Fullwiler

Volume 39, issue 1, 2005

Veblen’s “Instinct of Workmanship,” Its Cognitive Foundations, and Some Implications for Economic Theory pp. 1-20

Christian Cordes

Economic Activity and Institutions: Taking Stock pp. 21-52

Saeed Parto

A Distrustful Economy: An Inquiry into Foundations of the Russian Market pp. 53-74

Anton Oleinik

Preferences, Power, and the Determination of Working Hours pp. 75-90

Bruce Philp, Gary Slater and David Harvie

Advances and Challenges in Innovation Studies pp. 91-121

Fulvio Castellaci, Stine Grodal, Sandro Mendonca and Mona Wibe

Dam-Induced Development and Environmental and Social Sustainability: The Bakun Industrialization Strategy Revisited pp. 123-150

Choy Yee Keong

U.S. Academic Institutions and Perceived Effectiveness of Foreign-Born Faculty pp. 151-176

Akbar Marvasti

Thorstein Veblen’s Views on American “Exceptionalism”: An Interpretation pp. 177-204

Rick Tilman

Frank W. Taussig’s Institutionalism pp. 205-220

Kyle Bruce

Organized Speculation as an Institution: John Franklin Crowell and the U.S. Industrial Commission Report on Distribution of Farm Products pp. 221-233

Gerald F. Vaughn

In Defense of Employer of Last Resort: A Response to Malcolm Sawyer pp. 235-244

William Mitchell and L. Randall Wray

Reply to Malcolm Sawyer pp. 245-255

Mathew Forstater

Employer of Last Resort: A Response to My Critics pp. 256-264

Malcolm Sawyer

The Economics of Innocent Fraud: Truth for Our Time pp. 265-267

Warren Mosier

Contours of Descent: U.S. Economic Fractures and the Landscape of Global Austerity pp. 267-271

Christopher J. Niggle

U.S. Trade Policy: History, Theory, and the WTO pp. 271-273

Caron Richard Waits

Governing Work and Welfare in a New Economy: European and American Experiments pp. 273-275

Mary C. King

The Oxford Encyclopedia of Economic History pp. 275-277

Thomas R. DeGregori

The State, the Market, and the Euro pp. 278-279

Malcolm Sawyer

The Evolutionary Analysis of Economic Policy pp. 280-282

Martin Gregor

Economic Governance in the Age of Globalization pp. 282-284

Oliver Manet

Employment with a Human Face: Balancing Efficiency, Equity, and Voice pp. 284-286

David Fairris

A Perilous Progress pp. 286-288

David Colander

Alternative Economic Models of Transition pp. 288-291

John Hall

Race, Liberalism, and Economics pp. 291-294

John Henry

Genetic and Cultural Evolution of Cooperation pp. 294-295

Geoffrey Hodgson

Is the Market Moral? A Dialogue on Religion, Economics, and Justice pp. 295-297

Gerald F. Vaughn

In Memory pp. 299-299

Robert Heilbroner

Books Received pp. 301-305

The Editors