<title>Abstract</title>  The proposition that the State should be separated from the Church is well accepted by students of democracy in the West. Huntington ((1996) <italic>The Clash of Civilizations and the Remaking of World Order</italic>, New York: Simon & Schuster) went so far as to claim that the separation of Church...

Die Bürgerinnen und die Bürger können im Staat nicht alles selbst entscheiden. Sie brauchen Repräsentanten. Charles B. Blankart, Humboldt-Universität zu Berlin und Universität Luzern, und Dennis C. Mueller, Universität Wien, stellen in ihrem Kommentar fünf Regierungsmodelle vor und...

This distinguished collection of Dennis Mueller’s papers discusses the economic challenges faced as a result of events in the latter third of the twentieth century; the formation of the European Union, the collapse of Communism in East Europe, and the deregulation and privatization movement...

This two-volume anthology contains many of the classic articles from the public choice/rational politics field and includes a new introduction prepared by the editor.

In recent years considerable attention has been devoted to differences across countries in the institutional environments in which corporations operate, and the consequences of these institutional differences for corporate performance. In this paper we test for the presence of differences in...

This article makes two important contributions to the literature on the incentive effects of insider ownership. First, it presents a clean method for separating the positive wealth effect of insider ownership from the negative entrenchment effect, which can be applied to samples of companies...

This article argues that the European Union needs more competition in the market for corporate control and in the academic market. Evidence is presented of poor investment performance by Continental European companies relative to companies in Anglo-Saxon countries. The article claims that an...

It is often said that the parliament should represent the opinions found in the population and that the government should be held accountable for its political program. It is shown in the paper that these two functions rely on two different basic models of democracy which are not fully...