George Orwell's famous fictions, Animal Farm and Nineteen-Eighty Four were intended to advocate democratic socialism by portraying undemocratic forms of socialism as totalitarian. For Orwell, democracy was a political institution which would limit the abuse of power. But there are several...

The thesis is devoted to studying the role of systemic contradictions in social development, the consideration of objective reasons and the conditions of their occurrence, the relationship of systemic contradictions with the processes of formation of social interests, as well as the construction...

From a broad philosophical framework, this paper addresses the relation between freedom and economic performance. It argues for the thesis that, although a liberal system does not guarantee absolute harmony, is the only "convenient" and morally valid for a modern society. The core of this...

Orwell's famous fictions, Animal Farm and Nineteen Eighty-Four criticized totalitarian forms of socialism from a Public Choice perspective, assuming that socialism would work as an economic system as long as the proper political institutions were in place to curb the potential for the abuse of...

The paper analyzes European integration from a constitutional economics perspective. It is argued that the use of the Prisoners' Dilemma as a description of the advantages of European integration is fallacious. If the situation is a PD, the solution is impossible; if it is not, it is unnecessary.

We investigate the possible explanations of variations in aggregate levels of participation in large-scale political demonstrations. A simple public choice inspired model is applied to data derived from the annual May Day demonstrations of the Danish labour movement and socialist parties taking...

The article examines the ideological and political-economic impact of the strategies of the Danish Prime Ministers Anders Fogh Rasmussen and Lars Løkke Rasmussen as leaders of the liberal/conservative coalition governments 2001-2011.

We test the ‘law matters’ and ‘legal origin’claims using a newly created panel dataset measuring legal change over time in a sample of developed and developing countries. Our dataset improves on previous ones by avoiding country-specific variables in favour of functional and generic...

The paper addresses the question of legitimacy of pension fund given by the government of Pakistan to its employees at the time of retirement. The study is based on the hypothesis that since the fund amount is invested by the government in interest bearing investment areas so the profit is not...