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We ask whether, as many seem to think, corruption worsens, and judicial accountability improves, inequality, and investigate this empirically using data from 145 countries 1960–2014. We relate perceived corruption and de facto judicial accountability to gross-income inequality and consumption...
Persistent link: https://www.econbiz.de/10012845958
This study analyzes leading research in behavioral economics to see whether it contains advocacy of paternalism and whether it addresses the potential cognitive limitations and biases of the policymakers who are going to implement paternalist policies. The findings reveal that 20.7% of the...
Persistent link: https://www.econbiz.de/10014182055
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/10014202496
How does economic freedom, mainly how property rights are designed and protected, relate to income equality? Whilst this is argued to be theoretically ambiguous, the empirical results reveal that there is a positive relationship between changes in economic freedom and equality: the more a...
Persistent link: https://www.econbiz.de/10014202497
The generality principle, advocated by Buchanan and Congleton (1998), requires that political decisions treat all citizens equally qua citizens. The effects of implementing such a constitutional rule on lobbying, public expenditures, economic efficiency, and disposable incomes are explored. The...
Persistent link: https://www.econbiz.de/10014202501
The generality principle advocated by Buchanan and Congleton (1998), stating that only legislation which treats all citizens equally as citizens is permissible, is normally motivated on contractarian grounds. It is shown that the generality principle can also be motivated on...
Persistent link: https://www.econbiz.de/10014202509
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/10014202522