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Persistent link: https://www.econbiz.de/10011337535
This paper attempts to shed light on some of the unstated assumptions of the varieties of capitalism framework by … show that, within the varieties of capitalism approach, actors' strategic preferences are assumed to be endogenous to the … within a national economy. This latter presupposition ultimately makes the varieties of capitalism framework a structuralist …
Persistent link: https://www.econbiz.de/10012762192
capitalism relies on an account of profit that neglects the epistemic function of private-property markets. Once this is … acknowledged, capitalism retains some progressive credentials against radical alternatives …
Persistent link: https://www.econbiz.de/10014121513
Scholars since Hume and Smith have debated possible causal connections between market experiences and moral beliefs. Here, I study the impact of market interactions on utilitarian versus deontological values, other-regarding preferences, and charitable donations. Through a labor market...
Persistent link: https://www.econbiz.de/10012902200
distract' elements inherited from the Neoliberal Boom (1990-2007). The only viable alternative is Social Capitalism. This …
Persistent link: https://www.econbiz.de/10014529505
The empirical work in Thomas Piketty's Capital in the Twenty First Century is simply breathtaking, but his use of the terms capital and marketable wealth interchangeably leads us to consider the implications of distinguishing between them, and calls our attention to important issues that deserve...
Persistent link: https://www.econbiz.de/10013054825
It is impossible to tell the history of American antitrust law and economics during the so-called formative era (1890-1915) without a preliminary understanding of the economic rationale underlying that major phase of American constitutional law commonly called laissez faire constitutionalism, or...
Persistent link: https://www.econbiz.de/10013052741
Frederic Bastiat (1801-1850) was a French economist and journalist. One of his classic works is The Candlemakers' Petition, which uses the reductio ad absurdum philosophical technique to dismantle the arguments the French protectionists put forth to protect French industry in the mid-nineteenth...
Persistent link: https://www.econbiz.de/10013054144
Adam Smith was allegorical, knowingly and profoundly, but after him things went downhill, or even dropped off a cliff. From science anxieties many liberals spurned allegory, touting foundations, facts, science, etc. But we see in their discourse, notably on the economic system as cooperation,...
Persistent link: https://www.econbiz.de/10012932482
In studying the development of western freedoms, perhaps no subject is more worthy of discussion than classical liberalism, which the late historian Ralph Raico wrote was “the signature political philosophy of Western Civilization.” Raico defined classical liberalism as “the ideology...
Persistent link: https://www.econbiz.de/10013247112