and efficiency across society as a whole. Agency-cost theory recognizes that incentive conflicts and coordination problems … one sector of society at the expense of another. Each rationale sets different goals and assigns responsibiliy for …

Economics and ethics both offer important perspectives on our society, but they do so from two different viewpoints … – the central focus of economics is how the price system in our economy values resources; the central focus of ethics is the … moral evaluation of actions in our society. The rise of Artificial Intelligence (AI) forces humanity to confront new areas …

Throughout the Western world, people's policy views are correlated across domains in a strikingly similar fashion. This …

cultural heterogeneity, the world's geographical fragmentation by ethic and religious traits, at any given time. Finally, the …

country's legal system is more important than its religion and language in explaining shareholder rights. However, a country …'s principal religion helps predict the cross-sectional variation in creditor rights better than a country's openness to … international trade mitigates the influence of religion on creditor rights. Religion and language are also important predictors of …