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In this paper, I explore the politically contested association between the degree of capitalism, captured by measures of economic freedom, and the risk and characteristics of economic crisis. After offering some brief theoretical considerations, I estimate the effects of economic freedom on...
Persistent link: https://www.econbiz.de/10010472517
Social trust has been identified as a catalyst for reforms. We take the literature further in two ways. First, we make a fine-grained analysis of mechanisms through which social trust enables liberalizing reforms - by strengthening the ability to overcome obstacles in the political process...
Persistent link: https://www.econbiz.de/10011603967
While the association between economic freedom and long-run economic growth is well documented, the parallel research literature on the distributional consequences of economic freedom is full of conflicting findings. In this paper, we take a step towards reconciling the two literatures by...
Persistent link: https://www.econbiz.de/10012007087
Politicians and international organisations advocate for increased regulation and government control of industry in order to handle climate change and reduce overall greenhouse gas emissions. However, it remains an open question how economic freedom is associated with environmental damage and...
Persistent link: https://www.econbiz.de/10012204004
There is widespread concern, especially in certain feminist circles, that a market-oriented economic system, or capitalism, disfavors women. This could take many forms, such as lower wages for the same type of work, reduced career opportunities, disparities in ownership and the upholding of...
Persistent link: https://www.econbiz.de/10014332166
The association between freedom of expression - freedom of speech and the freedom of the media - and social conflict is theoretically ambiguous and politically highly contested. On one side of the debate, people argue that freedom of speech and freedom of the media create social conflict by...
Persistent link: https://www.econbiz.de/10014391278
Academic freedom is a cornerstone of modern academic life. It is not only implied by basic liberal principles but also contributes to scientific progress and economic growth. It is therefore important to better understand what affects how free scholarly pursuits are, and to that end, we ask...
Persistent link: https://www.econbiz.de/10014517712