-tax, low-regulation capitalism will generate extreme capital accumulation, and that persistent wealth equalization requires …

goods trade model which also captures trade through time in the form of inside money as used in macro literature on one good … way. -- Inside money ; general equilibrium ; Nash equilibrium ; numerical analysis ; tariff rate …

methods, and study how each subject makes decisions both on behalf of own money and on behalf of another individual’s money …. We find a weak tendency of lower risk-taking with others' money compared to own money. However, subjects believe that … other participants take more risk with other people's money than with their own. At the same time, subjects on average think …

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 …

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 …

distribution) when inequality is high. We argue that the latter finding corresponds to a system of political capitalism or captured …