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This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Two players in the modeled primitive society independently decide whether or not to arm and fight each other for distributive gains. Wealth and technology levels determine the balance of force and whether the society is in Rousseau's Garden of Eden, the Hobbesian war, or an arms race. Wealth and...
Persistent link: https://www.econbiz.de/10012900776
We exploit differences in casualties sustained in pre-modern wars to estimate the impact of fiscal capacity on economic performance. In the past, states fought different amounts of external conflicts, of various lengths and magnitudes. To raise the revenues to wage wars, states made fiscal...
Persistent link: https://www.econbiz.de/10013095451
The Mindanao conflict in Southern Philippines is a long-standing controversy that has eluded comprehensive solutions. Despite efforts of the Government of the Philippines (GRP) and the representatives from the peoples of Mindanao in undertaking peace initiatives, “the war:” continues. The...
Persistent link: https://www.econbiz.de/10015229973
This paper overviews theoretical and empirical contributions that study political borders from an economic perspective. It reviews theories of the number and size of nations focused on the trade-off between economies of scale in public-good provision and heterogeneity of preferences over public...
Persistent link: https://www.econbiz.de/10014290075
In the latter half of the fourth millennium BC, our ancestors witnessed a remarkable transformation, progressing from simple agrarian villages to complex urban civilizations. In regions as far apart as the Nile Valley, Mesopotamia, Central Asia, and the Indus Valley, the first states appeared...
Persistent link: https://www.econbiz.de/10014534422
This study reconsiders the narrow corridor proposed by Acemoglu and Robinson (2017) in an attempt to discover any underlying empirical patterns. Mainly building upon Murphy and O’Reilly (2022, 2023) we first replicate their findings. Afterwards we devise some sub-corridors by dividing the...
Persistent link: https://www.econbiz.de/10015271148
The specific way the Athenians set up their democracy presents both theoretical and empirical challenges. Decisions were taken by majority vote in the Assembly. To keep politicians in line, the Athenians first used ostracism, which however was replaced by the graphe paranomon around 415 BCE. The...
Persistent link: https://www.econbiz.de/10013208790
Democracy usually is identified by the right to vote. However, in recent times voting procedures have been criticized, as they seemingly do not guarantee that all parts of the population have an adequate voice in the established political process. We suggest invigorating an old but nearly...
Persistent link: https://www.econbiz.de/10011584928
Az Egyesült Államokból kiinduló másodrendű jelzáloghitel-piaci válság világméretű recesszióvá terebélyesedett 2008-ban. A kormányok gyors és nagymértékű beavatkozással próbálták a további romlást megakadályozni. A válság elleni fellépés régen nem látott...
Persistent link: https://www.econbiz.de/10011167218