Purpose – The purpose of this paper is to examine whether or not government health care spending reduces the poor-rich differences in health status. Specifically, it aims to assess the health status of the poor vis-à-vis government health spending in Nigeria. Design/methodology/approach –...

Purpose – The purpose of this paper is to highlight the importance of property rights institutions to disaster relief efforts, with a focus on the US Federal Emergency Management Agency in the aftermath of Hurricane Katrina in New Orleans, Louisiana. Design/methodology/approach – The paper...

Purpose – The purpose of this paper is to analyze the havoc created by Hurricane Katrina from the viewpoint of Austrian Economics. The aim is to look specifically at the malinvested capital that came about because of the construction of the complex levee system around New Orleans....

Purpose – Wicksell's contributions to welfare economics are viewed as largely aligned with Pareto efficiency and James Buchanan's work in public choice. This conflicts with the Scandinavian representation of Wicksell as the forefather of the modern Swedish socialist economy. The purpose of...

Purpose – It is now widely recognized that human development (HD) and economic growth (EG) are intertwined in two-way feedback processes either leading to an upward spiral of development or a poverty trap. This concept is used to overcome one of the limitations of a previous study by Qureshi...

Purpose – Successive governments in Pakistan have been pursuing pro-growth trickle-down approach with the proclaimed intent that benefits of growth will ultimately reach all. The purpose of this paper is to challenge this intent with a systemic model and suggest alternative policy....

Purpose – The purpose of this paper is to measure the social loss occurring due to the inability of the government to use the real public demand function. Design/methodology/approach – The authors developed a model that enables maximization of the public utility of a given public budget by...

Although neo‐classical economics has undoubtedly driven the global pension privatization reform agenda, it does not provide an adequate framework for the reform of retirement income protection. Indeed, it poses salient decision risks for policy‐makers because of its naturalist epistemology...

Purpose – Successive governments in Pakistan have been pursuing pro‐growth trickle‐down approach with the proclaimed intent that benefits of growth will ultimately reach all. The purpose of this paper is to challenge this intent with a systemic model and suggest alternative policy....

Purpose – The purpose of this paper is to highlight the importance of property rights institutions to disaster relief efforts, with a focus on the US Federal Emergency Management Agency in the aftermath of Hurricane Katrina in New Orleans, Louisiana. Design/methodology/approach – The paper...