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What is the relationship, if any, between economic freedom and pandemics? This paper addresses this question from a robust political economy approach. As is the case with recovery from natural disasters or warfare, a society that is relatively free economically offers economic actors greater...
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Economic freedom is often defined as a negative liberty – freedom from interference. This contrasts with positive liberty which is defined as freedom to do which refers to capacities. A well-established literature argues that income inequality reduces positive liberty by limiting the...
Persistent link: https://www.econbiz.de/10013322999
Does a countrys level of inequality affect its ability to win Olympic medals? If it does, is it conditional on institutional factors? We argue that the ability of economically free societies to win medals will not be affected by inequality. In these societies, institutions generate incentives to...
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