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The doctrine of Corporate Social Responsibility (CSR) now enjoys widespread support. Companies are enjoined not simply to seek profit but to demonstrate their 'corporate citizenship' by working with a range of stakeholders to further environmental and social as well as economic goals. Pressures...
Persistent link: https://www.econbiz.de/10012735287
A common misunderstanding of moral hazard emerges from an inaccurate definition of health-care insurance. What we call health insurance is actually a bundle of two services — insurance for catastrophic care and subsidies for routine care. The insurance portion covers insurable medical events...
Persistent link: https://www.econbiz.de/10012993035
Many observers think that it is impossible to cut federal government spending as a percentage of Gross Domestic Product (GDP). But it can be done. And the evidence is hidden in plain sight: it's called the 1990s. Between 1990 and 2000, federal spending fell from 21.85 percent of GDP to 18.22...
Persistent link: https://www.econbiz.de/10012917411
Persistent link: https://www.econbiz.de/10012846121
The doctrine of corporate social responsibility (CSR) has now been accepted across the world – not only by businesses and business organisations, together with an array of commentators and NGOs, but also by many governments. This is a worrying development. The doctrine rests on mistaken...
Persistent link: https://www.econbiz.de/10014200549
The attached text formed the basis for my opening contribution, and also some later remarks, at the discussion that followed the 2008 Clare Distinguished Lecture in Economics and Public Policy, given in Cambridge, England, on 14 May 2008. The lecturer was Professor Mohan Munasinghe, a Vice-Chair...
Persistent link: https://www.econbiz.de/10014211823
There is currently a consensus amongst the political establishment - and amongst the intellectual communities that feed into it - that detailed and wide-ranging government intervention is necessary to combat the effects of climate change. This monograph challenges that consensus. The authors...
Persistent link: https://www.econbiz.de/10014212242
Public opinion polls in recent years show that Canadians are generally satisfied with their government-funded health care system. If there is any consistent source of dissatisfaction with the “single-payer” system, it is with the amount of time people wait to receive medical care. Requiring...
Persistent link: https://www.econbiz.de/10014152948
Towards a Liberal Utopia? is a free-market manifesto for the next fifty years covering a diverse range of policy areas, including health, education, social security, pensions, labour markets, tax policy, Europe and the environment. In addition to these visions of the future, Ralph Harris...
Persistent link: https://www.econbiz.de/10014066992
It is now a widely held view that a new era has dawned in which businesses must adopt a new conception of their mission, purpose and conduct, by endorsing and implementing corporate social responsibility. In ‘The Role of Business in the Modern World’, Professor David Henderson argues that...
Persistent link: https://www.econbiz.de/10014255930