AbstractsEconomics

"Power always corrupts, and absolute power absolutely corrupts. All great men are bad." Such was the final judgment of Lord Acton concerning the possession of unlimited authority and the character of those outstanding personalities who occasionally arise to assume the unconditional leadership of the society in which they live. Bat the once unquestioned conclusions of many Victorian thinkers are now the object of considerable doubt. The fields of economics and political science have perhaps been most fertile in producing significant challenges to formerly accepted doctrines. [...]