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Competing definitions of justice in Plato's Republic and Aristotle's Politics indicate the existence of two distinct economic systems with different normative priorities. The three-class society of the Platonic economy (guardians, auxiliaries, producers) gives rise to guardians who by virtue are...
Persistent link: https://www.econbiz.de/10011861375
Persistent link: https://www.econbiz.de/10009373066
We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect …
Persistent link: https://www.econbiz.de/10013342090
Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying … institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and … institutions, as witnessed recently in many countries, may jeopardise the perpetual growth effect of becoming a liberal democracy …
Persistent link: https://www.econbiz.de/10014334859
We provide a comprehensive overview of the literature on the measurement of democracy and present an extensive update … improvements are particularly notable: First, we produce a continuous and a dichotomous version of the Machine Learning democracy … conceptualization of the Machine Learning Index. Finally, we largely expand the data coverage by providing democracy indicators for 186 …
Persistent link: https://www.econbiz.de/10012431822
democracy and the Russian-Orthodox monastery as the collective of dictatorship. Assuming a collectivist economy, I solve the …
Persistent link: https://www.econbiz.de/10010189314
experience reduces it. Both reactions clearly reveal that individuals assign a positive value to formal democratic participation …
Persistent link: https://www.econbiz.de/10012299792
Persistent link: https://www.econbiz.de/10013452352
In this paper, we study the extent to which ministers engage in regional favoritism. We are the first to provide a comprehensive analysis of a larger set of the governing elite, not just focusing on the primary leader. We hand-collect birthplaces of this governing elite globally. Combining this...
Persistent link: https://www.econbiz.de/10014441315
drastically escalate attacks. Our results speak to the charged debates about democracy, by identifying conditions under which … heightened interest in political decision-making can pose a threat to democracy in and of itself. …
Persistent link: https://www.econbiz.de/10014445156