Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases citizens' support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy relies on the restriction of the sample to...

In this paper I portray "neo-liberalism" in its original conceptual meaning as opposed to the generic term of depreciation as which it is commonly used. I identify fair competition and the denial of all privilege as the major concerns of original neo-liberals. Ethical merit for competition...

This paper relates the political decision-process which allowed Germany to transform its planned economic system into a Social Market Economy after the Second WorldWar. The central problem of the paper is to understand how the Social MarketEconomy emerged in Germany. Was it primarily an imported...

This new collection critically examines the new global policy of 'good governance'. This catchphrase of aid policy and development thinking has been the subject of too little analysis to date. This book redresses the balance. It places the prefix 'good', and exactly what that means, under the...

Using Adam Smith's notion of an 'invisible hand', this extraordinary contribution identifies dogmatic versus pragmatic views of free markets. Published posthumously, with new contributions by Rod O'Donnell, Daniel B. Klein and Christopher Torr, this book outlines Mittermaier's main thesis and...

Despite severe economic turmoil within the last decade the stock diagnosis for most market insufficiencies has been: the state must be 'slimmed down'. Satisfying social needs through the free market under the slogan of 'less government is good government' has been a constitutive feature of...