Institutional Power and the Risk of Finance

ABSTRACT

This article examines the nature of financial reason and the firm-level processes shaping and sustaining financial accumulation. It argues that the standard views of financial reason offered by neoclassical theory and international political economy prevent a nuanced understanding of key corporate power systems. Drawing on Hilferding’s theory of finance capital as well as his unique methodological approach, the paper shows that these accounts fail to consider properly the range of forces constituting financial rationality.     

Foreign patents for the technology transfer from laboratories of U.S. federal agencies

The Journal of Technology Transfer - This paper documents the importance of foreign patents for the technology transfer of inventions created in the laboratories of the U.S. federal agencies....     

On Coase and COVID-19

European Journal of Law and Economics - From an epidemiological perspective, the COVID-19 pandemic is a public health crisis. From an economic perspective, it is an externality and a social cost....