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Mere Libertarianism: Blending Hayek and Rothbard

Klein, Daniel - Ratioinstitutet - 2003

As many have argued, libertarianism as idea and movement contains strands that often conflict, beg questions, or try … our sensibilities. There are multiple libertarianisms. Two leading theorists of modern libertarianism are Friedrich Hayek … Hayek and Rothbard that recognizes the several limitations of libertarianism, sustains Hayek’s sensibilities, yet maintains …

Persistent link: https://www.econbiz.de/10005642442

How Politically Diverse Are the Social Sciences and Humanities? Survey Evidence from Six Fields

Klein, Daniel B.; Stern, Charlotta - Ratioinstitutet - 2004

In Spring 2003, a large-scale survey of American academics was conducted using academic association membership lists from six fields: Anthropology, Economics, History, Philosophy (political and legal), Political Science, and Sociology. This paper focuses on one question: To which political party...

Persistent link: https://www.econbiz.de/10005642403

How Many Democrats per Republican at UC-Berkeley and Stanford? Voter Registration Data Across 23 Academic Departments

Klein, Daniel B.; Western, Andrew - Ratioinstitutet - 2004

Using the records of the seven San Francisco Bay Area counties that surround University of California, Berkeley and Stanford University, we conducted a systematic and thorough study of the party registration of the Berkeley and Stanford faculty in 23 academic departments. The departments span...

Persistent link: https://www.econbiz.de/10005642414

The Cost of Insecure Property Rights: R2 Revisited

Bjuggren, Per-Olof; Eklund, Johan E - Ratioinstitutet - 2011

In the conventional CAPM model only a single risk factor is considered. However, using a world market portfolio to estimate systematic risk in national portfolios little of the required rate of return is explained in developing as compared to developed countries. Adding a factor representing...

Persistent link: https://www.econbiz.de/10009293912

Explaining Welfare State Survival: The Role of Economic Freedom and Globalization

Bergh, Andreas - Ratioinstitutet - 2006

Using the economic freedom index and the newly developed KOF-index of globalization, it is shown that the Scandinavian welfare states have experienced faster, bigger and more consistent increases in these areas, compared to the smaller European and the so called liberal welfare states. The...

Persistent link: https://www.econbiz.de/10005419157

Property Rights and Economic Growth

Rosenberg, Nathan - Ratioinstitutet - 2003

My main purpose is to connect the issue of property rights to the set of questions concerning economic growth and the long-term determinants of the improvements in material well-being. To anticipate what will be my main conclusion, it is that property rights and economic growth are not...

Persistent link: https://www.econbiz.de/10005419171

Free to Trust? Economic Freedom and Social Capital

Berggren, Niclas; Jordahl, Henrik - Ratioinstitutet - 2005

We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power of economic institutions, we use newer data, we incorporate more countries, and we use instrumental variables to handle the causality problem. A central result is that legal...

Persistent link: https://www.econbiz.de/10005642394

Economics without Entrepreneurship or Institutions: A Vocabulary Analysis of Graduate Textbooks

Johansson, Dan - Ratioinstitutet - 2004

A teacher’s words reflect the theory and methods he uses. Words reveal theoretical structures, the problems identified as relevant, and how those problems should be analyzed. I investigate whether entrepreneurship-rich and institutions-rich theories are represented in Ph.D. programs in...

Persistent link: https://www.econbiz.de/10005642457

Liberty, Markets and Environmental Values: A Hayekian Defence of Free Market Environmentalism

Pennington, Mark - Ratioinstitutet - 2004

Communitarian conceptions of the 'situated self' lie at the core of 'green' critiques of market approaches to environmental problems. According to this perspective resource management issues should be dealt with in the 'public sphere' of democratic politics rather than the 'private sphere' of...

Persistent link: https://www.econbiz.de/10005642460

Competencies and Institutions Fostering High-growth Firms

Henrekson, Magnus; Johansson, Dan - Ratioinstitutet - 2008

High-growth firms (HGFs) are critical for net job creation and economic growth. We analyze HGFs using the theory of competence blocs, linking firm growth to property rights and the interaction of complementary expertise. Specifically, we discuss how the institutional framework affects the...

Persistent link: https://www.econbiz.de/10005642466