Das Instrument des Emissionshandelssystems (EHS) wird von Umweltökonom:innen an prominenter Stelle zur Bewältigung der ökologischen Krisen sowohl im wissenschaftlichen Diskurs als auch in der Politikberatung empfohlen. Wir arbeiten drei implizite normative Prämissen des Lehrbuchmodells eines...

Adam Smith was allegorical, knowingly and profoundly, but after him things went downhill, or even dropped off a cliff. From science anxieties many liberals spurned allegory, touting foundations, facts, science, etc. But we see in their discourse, notably on the economic system as cooperation,...

This text was the basis for a presentation of the book Knowledge and Coordination: A Liberal Interpretation (Oxford University Press, 2012). The lecture discusses the richness of knowledge, the distinction between concatenate and mutual coordination, and the relation of these to a liberal...

The present 77 page document is my set of notes used in a five-part reading group on Larry Siedentop's great book Inventing the Individual: The Origins of Western Liberalism. The document contains a link to the set of videos online

The economic science, the so-called ‘neoclassical economics’, has usually avoided considering the values of its field of study. This has led to important limitations in its theoretical system. This article intends to go beyond this neutral positivist approach. It presents different...

This paper investigates how different dimensions of social capital and institutional quality are related to innovation activity and its utilisation. For reasons of data availability, previous studies have included mainly patenting data. This study complements the previous studies by analysing...

The positive influences of institutions to economic growth, commonly measured by GDP per capita, have been intensively tested by many empirical studies. However, as the challenges of pollution, corruption, and inequality raise up, the quality of economic development and how to achieve the good...

The idea of measuring scientific relevance by counting citations is gaining ever-growing consensus among economists, and thanks to the electronic bibliographic resources now available the procedure has become relatively simple and fast. However, when it comes to putting the idea into practice...