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Are people happier if they experience freedom from regulation, and how do individual attitudes towards liberalisation influence personal life satisfaction? Based on data from European and World Values Surveys and the Economic Freedom of the World project we find evidence for positive effects of...
Persistent link: https://www.econbiz.de/10011435378
This paper empirically analyzes the question whether government involvement in the economy is conducive or detrimental … neoclassical economic theory, which predicts that government plays an unambiguously positive role for individuals’ quality of life … regulation, thereby harming voters’ quality of life. Our results show that life satisfaction decreases with higher government …
Persistent link: https://www.econbiz.de/10011753109
government, universities and industries but more so on how they mutually interact for strategic objectives. The evolution of …
Persistent link: https://www.econbiz.de/10011540288
the market mechanism and resulting from the infant local markets as well as from the feeble role of the government and … reflect the views of social scholars like Janos Kornai about the role of government. The paper tackles the tasks that …
Persistent link: https://www.econbiz.de/10011574200
Governments play a major role in the development process, and constantly introduce reforms and policies to achieve developmental objectives. Many of these interventions have limited impact, however; schools get built but children don't learn, IT systems are introduced but not used, plans are...
Persistent link: https://www.econbiz.de/10011616032
and "radical" innovations by entrants. The government levies taxes on labor income and corporate profits and supplies …
Persistent link: https://www.econbiz.de/10011638094
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an 'economic' entity that they count in universal units of ‘utils’ or 'abstract labour', respectively....
Persistent link: https://www.econbiz.de/10011646688
. Aging is already placing a burden on government finances, and Japan's ability to confront the negative fiscal implications …
Persistent link: https://www.econbiz.de/10011310188
restriction (or punishment) used by presidents when in government. …
Persistent link: https://www.econbiz.de/10011372296
We examine a stark setting in which security or protection can be provided by self-governing groups or by for-profit entrepreneurs (kings, kleptocrats, or mafia dons). Though selfgovernance is best for the population, it faces problems of long-term viability. Typically, in providing security the...
Persistent link: https://www.econbiz.de/10010261357