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Market failure vs. system failure as a rationale for economic policy? : a critique from an evolutionary perspective

Schmidt, Peter - 2015

This paper reconsiders the explanation of economic policy from an evolutionary economics perspective. It contrasts the neoclassical equilibrium notions of market and government failure with the dominant evolutionary neo-Schumpeterian and Austrian-Hayekian perceptions. Based on this comparison,...

Persistent link: https://www.econbiz.de/10011403857

Cryptocurrencies : A Legal Regulatory System

Di Pietro, Massimiliano - 2021

Abstract. A system that allows you to easily regulate the cryptocurrency market and influence it thanks to the classification given by their scalability. The opportunity to be included in a different table will push programmers to adapt to the legislation. It will no longer be the right to have...

Persistent link: https://www.econbiz.de/10013235796

Regulation, the Market, and Interest Group Cohesion : Why Airlines Were Not Reregulated

Levine, Michael E. - 2007

incidence violates traditional versions of the economic theory of regulation. Organized subgroups should be able to protect … principal reasons, one requiring a refinement of the theory. The first is that under regulation the incentives of both … creation and wealth transfer through regulation requires both political unity and quot;slackquot;, that is, protection from …

Persistent link: https://www.econbiz.de/10012778192

Regulating the Rulemakers : A Proposal for Deliberative Cost-Benefit Analysis

Nou, Jennifer - 2012

Modern risks are increasingly complex. Experts provide sober insights into the consequences of our regulatory choices. But these same risks also breed greater uncertainties and, thus, harder political decisions. Ever more urgent, then, becomes the need to ensure those decisions are transparent...

Persistent link: https://www.econbiz.de/10014219050

Market failure vs. system failure as a rationale for economic policy? A critique from an evolutionary perspective

Schmidt, Peter - 2015

Persistent link: https://www.econbiz.de/10011529345

Making things technical : Samuelson at MIT

Maas, Harro - 2014

This paper examines how Samuelson defined his own role as an economist as a technical expert, who walked what he called "the middle of the road" to - seemingly - stay out of the realm of politics. As point of entry I discuss the highly tempting offers made by Theodore M. Schultz in the 1940s to...

Persistent link: https://www.econbiz.de/10011706807

Entwickeln sich wirtschaftswissenschaftliche Forschung und Politikberatung auseinander?

In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 93 (2013) 8, pp. 507-530

Ökonomen und Politiker beklagen sich gelegentlich übereinander. Die Ökonomen meinen, das politische Alltagsgeschäft berücksichtige die Erkenntnisse der Wissenschaft zu wenig und sei mit inkonsistenten Maßnahmen und suboptimalen Ergebnissen verbunden. Die Politiker sehen sich dagegen zum...

Persistent link: https://www.econbiz.de/10009777858

Sachverständigenrat : wie politiknah sollte die Beratung sein?

In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 95 (2015) 3, pp. 159-177

Das Jahresgutachten des Sachverständigenrates für Wirtschaft 2014/15 wurde von der Politik teils heftig kritisiert, weil wichtige politische Entscheidungen infrage gestellt wurden. In Hinblick auf die monierten Einzelfragen gibt es auch aus der Wissenschaft Kritik. Der Sachverständigenrat...

Persistent link: https://www.econbiz.de/10010490209

A Framework for Understanding Property Regulation and Land Use Control from a Dynamic Perspective

Kochan, Donald J. - 2015

Our land use control system operates across a variety of multidimensional and dynamic categories. Learning to navigate within and between these categories requires an appreciation for their interconnected, dynamic, and textured components and an awareness of alternative mechanisms for achieving...

Persistent link: https://www.econbiz.de/10014135133

Wissenschaftliche Politikberatung : erreicht der Rat von Ökonomen Politik und Öffentlichkeit?

Haucap, Justus; Thomas, Tobias - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 94 (2014) 3, pp. 180-186

Die Politikberatungstätigkeit von Ökonomen wurde bisher kaum systematisch untersucht, obgleich es zum Selbstverständnis vieler Ökonomen gehört, wirtschaftspolitisch relevante Erkenntnisse anbieten zu können. Die Autoren stellen hier zum einen Methode und Ergebnisse des FAZRankings dar, das...

Persistent link: https://www.econbiz.de/10010257636