federalism as well as the tension between liberalism and democracy as organising principles of a modern society. In dieser Arbeit …

We look at the relation between democracy and perceived subjective well-being, taking also into account the impact of … robust relationship between the extent of (direct) democracy and happiness can be observed. In a second step, we conduct a … we observe a robust positive and significant relationship between democracy and happiness …

Whether democracy or capitalism should have normative priority depends on the philosophi- cal point of view but also …

Whether democracy or capitalism should have normative priority depends on the philosophi- cal point of view but also …

private investment, this tends to be offset by a corresponding reduction in government investment. Fiscal consolidations …

First, the institutions of direct democracy, referendum and initiative, are described. One of the main arguments … the interests of the citizens. Thus, the results of empirical studies investigating the effects of direct democracy are … Germany) against direct democracy as well as the possibilities resulting from the new electronic media …

private investment, this tends to be offset by a corresponding reduction in government investment. Fiscal consolidations …