These essays span the author's thirty years in professional economics. Fundamental papers on vertical (industrial) control, property rights, approaches to market behaviour, macroeconomic dynamics and the paper-money systems of 18th century British North America are revised and reappraised.

Part 1 Monetary theory: Clower & Burnstein on the invariance of demand for cash and other assets; macro foundations of microeconomics; Burstein - some more Keynesian economics; still more Keynesian economics; Knut Wickesell and the closure of his system - critique and reconstruction of the cumulative process; beyond the banking principle. Part 2 Economic analysis of financial history: colonial currency and contemporary monetary theory; Burstein - home on the history of interest rates; the political economy of Alexander Hamilton. Part 3 Studies in vertical organisation of industry: Burstein - the economics of tie-in-sales; Burstein - a theory of full-line forcing; some theory of vertical integration; Burstein - diffusion of knowledge based products EI; optimal diffusion of innovated durable goods subject to technical progress - the role of property rights regimes. Coda Two studies in applied price theory: Burstein & Oi - monopoly competition and variability of market prices; Burstein - Manchester school (Measurement of quality change in durable goods.)