Showing 1 - 10 of 3,649
corruption, which is more widespread in poor countries, reduces more the electoral appeal of capitalism than that of socialism …
Persistent link: https://www.econbiz.de/10012465489
costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free … enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of …
Persistent link: https://www.econbiz.de/10012472146
We present a new theory of pervasive shortages under socialism, based on the assumption that the planners are self … suggests that market socialism is bound to fail even without computational complexities facing the planners …
Persistent link: https://www.econbiz.de/10012475209
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...
Persistent link: https://www.econbiz.de/10012459164
Research on the political and social impacts of financial crises has focused chiefly on free market economies, hindering our understanding of their effects in other settings. We exploit an episode of a financial crisis that hit the Israeli kibbutzim to study its impact in a socialist context....
Persistent link: https://www.econbiz.de/10014226115
Persistent link: https://www.econbiz.de/10014246463
The recent ascent of right-wing populist movements in many countries has rekindled interest in understanding the causes of the rise of Fascism in inter-war years. In this paper, we argue that there was a strong link between the surge of support for the Socialist Party after World War I (WWI) and...
Persistent link: https://www.econbiz.de/10012481158
Persistent link: https://www.econbiz.de/10000749312
Should the national government undertake policies aimed at strengthening the economies of particular localities or regions? Agglomeration economies and human capital spillovers suggest that such policies could enhance welfare. However, the mere existence of agglomeration externalities does not...
Persistent link: https://www.econbiz.de/10003785750
Persistent link: https://www.econbiz.de/10003484246