Banking sector in India is one of the prevailing and well-organized mechanisms of the financial system. Indian banking sector consists of old age tradition, which enable to update modern technology. Structure of the banking system is also well defined and systematically channelized. When banks...

This paper studies the impact of collectivization on patricide in China during the Cultural Revolution. From 1955 to 1957, nearly 96% of farmers were organized into communes. Consequently, fathers lost control over family wealth. We propose that this shift decreased fathers’ bargaining power...

Kinship ties are a common institution that may facilitate in-group coordination and cooperation. Yet their benefits - or lack thereof - depend crucially on the broader institutional environment. We study how the prevalence of clan ties affect how communities confronted two well-studied...

"The People's Money shows how sovereign money creation through public banking, as pioneered by nineteenth century American populists, can reduce inequalities of wealth and power and help restore prosperity and democracy in America."

Die Frage nach sozialer Gerechtigkeit bleibt aktuell - auch und gerade in "modernen" europäischen Gesellschaften. Denn der Kapitalismus erzeugt neben Wohlstand für wenige auch viel Armut und Leid, in Deutschland und der ganzen Welt. Diese Ungerechtigkeit ist heute eng verbunden mit der...