democracy and cognitive skill are negatively correlated to the top 1% income share. …

holistic European Dimension that has to be institutionalized (Habermas 1996). Hence the lack of democracy. The progressive …

components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …

, which focuses on how democracy, polity and autocracy affect financial development dynamics of depth, efficiency, activity … financial intermediary depth, activity and size. Democracy has important effects on the degree of competition for public offices …-law counterparts. (5) There is evidence of a U-shape relationship between national wealth and the level of democracy, with Low …

they don’t understand democracy. In 1951 the mathematician Kenneth Arrow formulated his Impossibility Theorem in social … welfare theory and since then mathematicians have been damaging democracy. My book Voting Theory for Democracy (VTFD) tries to … save democracy and social welfare from such destruction. VTFD applies deontic logic to Arrow’s Theorem and shows that Arrow …

In this paper, we made an attempt to understand the costs and benefits of democracy for economic growth in Pakistan by … analyzing the relationship between democracy and its various measures. Using instrumental variables and RALS (rth … uncertain relationship between democracy and fiscal policy variables like expenditures, revenues and deficit; whereas democracy …

explain why resource abundance may lead to instability of democracy in some countries, but does not create any difficulties … to corruption (a measure of the institutional quality). The probability of the democracy preservation is decreasing in …