The belief in occult forces is still deeply rooted in many African societies, regardless of education, religion, and social class of the people concerned. According to many Africans its incidence is even increasing due to social stress and strain caused (among others) by the process of...

Aim: The temptation to provide simple answers to complex problems exists for politicians and scientists alike. This essay attempts to briefly outline the complexity of present day problems at global level, taking as a starting point the question "how quick will the EU collapse?" Design /...

We show that exposure to anti-capitalist ideology can exert a lasting influence on attitudes towards capital markets and stock-market participation. Utilizing novel survey, bank, and broker data, we document that, decades after Germany's reunification, East Germans invest significantly less in...

Most religions in transition economies were marginalized by their former communist regimes. Today, some of these countries are experiencing a revival of religiosity, while others are prone to secularization. Religious norms affect individual decision making with respect to human capital...

This paper provides novel evidence on differences in health outcomes of children in religious and non-religious families in Russia. The health indicators analyzed include the subjective health status and anthropometric outcomes. The endogeneity of religiosity is accounted for. The empirical...

Tolerance has the potential to affect both economic growth and wellbeing. It is therefore important to discern its determinants. We add to the literature by investigating whether the degree to which economic institutions and policies are market-oriented is related to different measures of...

Tolerance is a distinguishing feature of Western culture: There is a widespread attitude that people should be allowed to say what they want even if one dislikes the message. Still, the degree of tolerance varies between and within countries, as well as over time, and if one values this kind of...

Hayek benötigt für sein Marktmodell (in dem "der Wettbewerb" als Entdeckungsverfahren konzipiert wird) einen zweifachen Politikauftrag: (1) aktiv "die Ordnung" herzustellen (die sich selbst nicht herstellen kann) - und (2) (wenn sie hergestellt ist) sich machtlos zu stellen und nicht "in sie"...

Tolerance has the potential to affect both economic growth and wellbeing. It is therefore important to discern its determinants. We add to the literature by investigating whether the degree to which economic institutions and policies are market-oriented is related to different measures of...