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We develop a critique of government interventionism based on the Misesian calculation argument against socialism. If …
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Austrian theory of dynamic efficiency are consistent to enhance economic development. Their argument focuses on two issues: (a …) the existence of circular reasoning in the Austrian theory of dynamic efficiency, and (b) dynamic efficiency and full …-communist criteria, the Austrian theory of dynamic efficiency argues that to impede private property rights is to remove the most …
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Mises. It reconstructs his approach against socialism, his works on liberalism, and finally his contribution to moral theory. …. Rekonstruiert werden seine Auseinandersetzung mit dem Sozialismus, seine konzeptionelle Neuausrichtung des Liberalismus und sein …
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Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by Acemoglu and Johnson (2005), Ali (2013) and Asongu (2014). We assess the effects of various components of governance on private investment, notably: political, economic and...
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