The Journal of Economics and Policy is an annual publication of the National Institute Public Administration (INTAN) Malaysia. The Journal provides an academic forum and venue for the expression and exchange of views on subjects of Economics, Business, Finance, Public Policy and other related disciplines. This inaugural edition contains 8 articles as follows: i. The Economics of Free Trade ii. Capital Controls: Revisiting the Malaysian Experience iii. Fisher Effect Revisited in Malaysia and Singapore iv. Entrepreneurial Orientation in Family Enterprises: A Strategic Approach of Behavioural Perspective v. Venture Capital Investing: Concept and Practice vi. An Examination of the Validity and Reliability of Performance Measurement Utilisation Scales in Malaysian Government Budgeting: A PLS Approach vii. Statistics and Evidence Based Policy viii. Memperkasa Golongan Rentan di Bandar: Implikasi Polisi ke atas Kelompok Gelandangan