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According to many democracy theorists, there is an unavoidable trade-off between constitutionalism and the need for political action. This paper criticizes that belief. Rather, it argues that a division of power, while sometimes entailing high political transaction costs, can nevertheless be...
Persistent link: https://www.econbiz.de/10005709431
We look at the effect of religiosity on social trust, defined as the share of a population that thinks that people in general can be trusted. This is important since social trust is related to many desired outcomes, such as growth, education, democratic stability and subjective well-being. The...
Persistent link: https://www.econbiz.de/10008506819
Persistent link: https://www.econbiz.de/10004999592
A new empirical field of research in economics shows that policies characterized by economic freedom produce economic growth. “Economic freedom” means such things as a small government, protection of private property, a well-functioning legal system, free competition and few regulations. The...
Persistent link: https://www.econbiz.de/10005190443
According to many democracy theorists, there is an unavoidable trade-off between constitutionalism and the need for political action. This paper criticizes that belief. Rather, it argues that a division of power, while sometimes entailing high political transaction costs, can nevertheless be...
Persistent link: https://www.econbiz.de/10005419162
Classical liberalism stresses the desirability of free markets, limited government and the rule of law. As such, it builds on some moral judgments. According to ethical objectivism, such judgments (in themselves always personal and subjective) can be true or false since objective moral facts...
Persistent link: https://www.econbiz.de/10005419172
The present paper begins by outlining a theoretical, rational- choice approach to understanding how religious beliefs and affiliations might influence the behavior of individuals. This influence arises from an expectation that the god in question punishes certain forms of action and from social...
Persistent link: https://www.econbiz.de/10005423866
Uppsatsen behandlar påståendet att rättspositivismen, en av Uppsalaskolans centrala läror, ligger bakom en urholkad äganderätt och, rent allmänt, ett svagt rättighetsskydd, en underminering av marknadsekonomin, höga skatter och en expansion av staten. Denna slutsats är inte självklar....
Persistent link: https://www.econbiz.de/10005642391
Why are efficiency-enhancing reforms often frail and subject to being undermined over time? Two theories are examined: public-choice theory, which explains this as the possible result of a need, from time to time, to wipe the slate clean in order to retain productivity in the distribution of...
Persistent link: https://www.econbiz.de/10005642400
In the main, Hayek favored rules that apply equally to all and located such rules in tradition, beyond conscious construction. This led Hayek to attack Keynes’s immoralism, i.e. the position that one should be free to choose how to lead one’s life irrespective of the informal institutions in...
Persistent link: https://www.econbiz.de/10005642455