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Culture itself forms society's identity, social values, and formal and informal social relations. This strengthens social capital, which is based on community, citizenship, volunteerism, and social values. These aspects promote effective democratic governance, and thereby ensure economic growth...
Persistent link: https://www.econbiz.de/10014464995
Cultural allegiances whether inherited, imposed or chosen, affect economic activity. Many of these cultural layers – ethnic background, religion, language, ideological orientation, and artistic interests – spill over national boundaries. Cultural ideas travel the world along many routes from...
Persistent link: https://www.econbiz.de/10014023796
We study the role of the most primitive institution in society: the family. Its organization and relationship between generations shape values formation, economic outcomes, and influences national institutions. We use a measure of family ties, constructed from the World Values Survey, to review...
Persistent link: https://www.econbiz.de/10014025607
Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on survey data that needs not assume that voters are guided by pecuniary motives alone. We find that most democracies implement the median voter's preferred amount of redistribution...
Persistent link: https://www.econbiz.de/10011307797
The increasing wage inequality in many countries is usually seen as brought about by economic forces that drive for …
Persistent link: https://www.econbiz.de/10008936984
also seems to be a key driver of income/resource inequality. In this essay, I review the evidence for the joint relation … between energy, hierarchy and inequality. I then speculate about what it implies for achieving a sustainable and equitable …
Persistent link: https://www.econbiz.de/10012429183
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