Voluntary governance arrangements focusing on responsible business behaviour have proliferated over the past decades and in many sectors of industry different governance organizations now compete for business participation. This private governance competition has negative consequences for the...

Drawing on an ordonomic approach, this paper argues that a theory of global justice should incorporate as a pivotal cornerstone a theory of corporate citizenship which constructively addresses business firms as agents of social value creation. We argue that, instead of relying exclusively on...

Nelson Mandela said, “During my lifetime I have dedicated myself to this struggle of the African people. I have fought against White domination, and I have fought against Black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony...

This article analyzes the relations between capital and labor in the aspects of reproductive processes and social and economic development. Labour and capital are linked through the production and consumption. However, if this link is positive in the production, then all the contradictions...

The purpose of this paper is to work toward developing evolutionary reasoning in the social sciences. Along with that, we argue to overcome the artificial divide of natural and social science for the sake of understanding behaviour. We make the case for an evolutionary and culturally sensitive...

In this paper we formulate an economic model with tax evasion, corruption and taxes. In the first part the static model is considered, where there are a representative agent and a public institution. The public institution by its tax collectors detects the tax evasion and enacts a system of tax...

While the beneficial effects of social trust on economic performance have been largely recognized, we analyze if these effects can be generalized for economies at different stages of economic development and for different time horizons. Contrary to previous studies on this issue based on average...

Economic development connotes the complex process of structural and institutional changes by which poor countries attain the standard of well-being associated with the rich nations of the world. The measurement of economic development will begin with economic growth (the growth rate in national...

We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...

We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...