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distribution) when inequality is high. We argue that the latter finding corresponds to a system of political capitalism or captured …
Persistent link: https://www.econbiz.de/10011411131
This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 …, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …
Persistent link: https://www.econbiz.de/10010375158
Friedrich Hayek's The Road to Serfdom is an influential book more than seventy years after its publication. This paper examines his arguments and finds that they come up short in many ways and suggests that we have taken "another road to serfdom". Hayek's mind was completely closed to the...
Persistent link: https://www.econbiz.de/10011497774
We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted … economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our …
Persistent link: https://www.econbiz.de/10010474859
There has been much study of the consequences of economic freedom but, outside of the role of political institutions, there has been little study of the determinants of economic freedom. We investigate whether religion affects economic freedom. Our cross-sectional dataset includes 137 countries...
Persistent link: https://www.econbiz.de/10011515355
Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization and economic liberalization affect governments' respect for human rights using a panel of 106 countries over the 1981-2004 period. According to our results, physical integrity...
Persistent link: https://www.econbiz.de/10008699737
Economic freedom and economic growth can be connected in most countries, but it is often necessary to specify those aspects of economic freedom that can foster economic growth. This paper examines the nexus between economic freedom and economic growth in the Least Developed Countries (LDCs)...
Persistent link: https://www.econbiz.de/10014427512
Publication and citation rankings have become major indicators of the scientific worth of universities and countries, and determine to a large extent the career of individual scholars. We argue that such rankings do not effectively measure research quality, which should be the essence of...
Persistent link: https://www.econbiz.de/10003779460
This paper develops a competition theory framework that evaluates an important aspect of the OECD's Harmful Tax Practices Initiative against tax havens. We show that the sequential nature of the process is harmful and more costly than a "big bang" multilateral agreement. The sequentiality may...
Persistent link: https://www.econbiz.de/10008697539
Persistent link: https://www.econbiz.de/10003496820