The early accumulation of capital and the pioneering of capitalist enterprise have been undertaken in many countries by heterodox religious communities. The role of the Old Believers (further OB) in the early development of Russian industry and trade was noted by many economic historians...

<title>Abstract</title> In this paper we confront attempts to bring Smith closer to utilitarianism. We show that Smith's conception of utility is not utilitarian. While the pursuit of 'pleasure' could lie behind human behaviour, it is not the pleasure referred to by utilitarianism. Instead, utility, in its...

The aim of this paper is to examine how the presence of social attitudes (our views of the others as a collective) may influence the effectiveness of re-distributive policies. The analysis will be focused on individuals' attitudes towards income which is directly connected to their own effort,...

Upon the uniformity in individuals' decision-making mechanism rests a great deal of the legitimacy of natural liberty. As we are all equally sovereign (cognitive-wise), we only strike deals that inevitably make us better off. We all gain from trade and thus, as everyone is better off, so must be...