Tying together cultural history, legal history, and institutional economics, The Laws and Economics of Confucianism: Kinship and Property in Pre-Industrial China and England offers a novel argument as to why Chinese and English pre-industrial economic development went down different paths. The...

Diskussionen über »den« Kapitalismus, die ihm innewohnende Kraft sowie die aus ihm resultierenden Probleme sind in unserer »Gesellschaft des Spektakels« allgegenwärtig. Und obgleich sich ein nicht unerheblicher Teil der politischen Eliten, der Medienmacher, Kirchenoberhäupter oder...

This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, and public ownership is more efficient than mixed ownership. The delegation of...