William Kingston acknowledges the debt his work owes to great minds including Joseph Schumpeter, Christopher Dawson and Douglass North.

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Joseph Schumpeter famously claimed that there is a ‘great gap’ of 500 years in the history of economic thought, from the Greeks to Thomas Aquinas.  In this article, Professor Abdul Azim Islahi argues that this idea neglects some very serious scholarship which took place during those years within the Islamic world.

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This image is derived from Printer Mario Draghi © 2012 by Ondrej Kloucek, used under a Creative Commons Attribution-ShareAlike license. This derivative, by Wolfgang Kasper, is licensed under the same Creative Commons Attribution-ShareAlike license .

The Eurozone is in crisis, and only bold reforms can tackle the root causes.  In the following article, Wolfgang Kasper explains why we should be tuning the clock back to before the Maasstricht Treaty, and proposes that an understanding of institutional economics is crucial in order to comprehend the current politico-economic predicament.

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