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While the economies of the fifteen countries that were in the European Union (EU15) in 2000 will continue to grow from now until 2040, they will not be able to match the surges in growth that will occur in South and East Asia. In 2040, the Chinese economy will reach $123 trillion, or nearly...
Persistent link: https://www.econbiz.de/10012760039
This review essay of the two-volume Cambridge History of Capitalism (2014), edited by Larry Neal and Jeffrey G … criticize the definition of capitalism used in these volumes as too expansive to be useful. I argue that this definition mars … the essays in first volume by stimulating a fruitless search for capitalism in the millennium before the Industrial …
Persistent link: https://www.econbiz.de/10013044351
When the mortality rate is high, repeated interaction alone may not sustain cooperation, and religion may play an … conclusion has implications for the study of institutions, economics, and religion throughout history and in the developing world …
Persistent link: https://www.econbiz.de/10012771894
We distinguish between three sets of rights – property rights, political rights, and civil rights – and provide a taxonomy of political regimes. The distinctive nature of liberal democracy is that it protects civil rights (equality before the law for minorities) in addition to the other two....
Persistent link: https://www.econbiz.de/10013015971
Rugged individualism—the combination of individualism and anti-statism—is a prominent feature of American culture with deep roots in the country's history of frontier settlement. Today, rugged individualism is more prevalent in counties with greater total frontier experience (TFE) during the...
Persistent link: https://www.econbiz.de/10012823758
This paper traces the shifts in treatments of intermediate groups among some liberal and democratic political theorists in the 18th and 19th centuries. The decades of the late 18th and early 19th centuries are traditionally understood to encompass the emergence of fully liberal political and...
Persistent link: https://www.econbiz.de/10013021037
We examine the institutional details of the school milk procurement process, bidding data, statements of dairy executives, and supply characteristics in Ohio during the 1980's. We compare the bidding behavior of a group of firms to a control group. We find that the behavior of each of the firms...
Persistent link: https://www.econbiz.de/10013221093
This paper evaluates a possible US-SACU (Southern African Customs Union) free trade agreement as part of a US approach to new preferential trade agreements characterized by the term competitive liberalization.' This is the idea that competition among large countries (US/EU) to negotiate...
Persistent link: https://www.econbiz.de/10013324133
Scholars have long speculated about education's political impacts, variously arguing that it promotes modern or pro-democratic attitudes; that it instills acceptance of existing authority; and that it empowers the disadvantaged to challenge authority. To avoid endogeneity bias, if schooling...
Persistent link: https://www.econbiz.de/10013127419
The European Union and the United States operate different variants of market capitalism. The EU model uses social …
Persistent link: https://www.econbiz.de/10012761328