Purpose – This article aims to provide a response to the papers in this issue. Design/methodology/approach – The methodology employed is philosophical. Findings – In her response, Nussbaum thanks the authors for their contributions and addresses their most salient arguments....

Purpose – The purpose of this paper is to investigate the significant factors determining foreign direct investment (FDI) in Cambodia, Laos, and Vietnam (ASEAN3) and Indonesia, Malaysia, the Philippines, Thailand, and Singapore (ASEAN5). Design/methodology/approach – This paper applies the...

Purpose – The purpose of this paper is to propose a model that relates the desire for justice with welfare. Design/methodology/approach – The point of departure, elaborated in the first part of the paper, is the observation that we have no sense-organs for experiencing welfare and the...

Zusammenfassung In der ökonomischen Theoriegeschichte bestehen parallel zwei Tendenzen: zum einen eine unifizierende, mehr oder minder lineare Geschichte der allmählichen Herausbildung des modernen Kerns der Ökonomie zu schreiben, zum anderen sich auf Heteronomie einzulassen, d. h. auf ein...

Summary In this paper, we provide some reflections on the development of monetary theory and monetary policy over the last 150 years. Rather than presenting an encompassing overview, which would be overambitious, we simply concentrate on a few selected aspects that we view as milestones in the...

Abstract Ronald Coase was a founding father of modern law and economics. Yet, Coase distanced himself from the economic analysis of law, which today dominates the law and economics scholarship, and proposed an alternative research program, which is referred to here as “law and the economy”....

The main characteristic of the French local tax system undoubtedly resides in a convoluted structure which impedes any progress in the development of tax competition between local authorities. On the contrary, recent legislative evolutions make obvious a trend of recentralization of the French...