This paper contributes to the understanding of the diversity of capitalism by combining approaches from comparative political economy and development studies, notably developmental state theory. We show that different types of capitalism react differently to global shocks and offer some support...

This paper examines the growth of transnational governance, and what it means for business lawyers advising multinational corporate clients. The term “governance” incorporates the network of actors, instruments and mechanisms that now govern transnational corporations, separate from the...

This paper compares and contrasts two visions of political economy. These visions aren't antagonistic, just different. The mixed economy vision associated with Ludwig von Mises and Sanford Ikeda treats politics as intervening into markets. The entangled political economy vision treats politics...

While regulatory agencies place high values on the benefits associated with the reduction in mortality risks due to regulations, these same agencies substantially undervalue lives in their enforcement efforts. The disparity between the valuation of prospective risks and fatalities that have...

Die Autoren Clemens Fuest, Udo die Fabio und Gabriel Felbermayr haben die Effizienz staatlicher Eingriffe anhand verschiedener Beispiele untersucht und analysiert, ob man dieselben Ziele nicht mit anderen Mitteln besser und zu geringeren Kosten erreichen könnte. Ihr Fazit: Nicht alles, was gut...

China has created a distinct economic system. Yet despite a growing literature with valuable contributions on the institutional arrangements under 'capitalism with Chinese characteristics', the precise economic mechanisms underpinning China's state-market relations remain undertheorised. In this...