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Scholars such as Friedrich Hayek and Aleksander Peczenik have criticized legal positivism for undermining constitutionalism and the rule of law, an implication of which is weakened private property rights. This conclusion is far from evident. First, I contend that legal positivism is compatible...
Persistent link: https://www.econbiz.de/10014202523
One of the major questions in economics is what causes the growth of wealth. What explains that some countries experience higher economic growth than others and hence, ultimately, that some countries are rich, while others are poor? The idea here is to explore the link between political...
Persistent link: https://www.econbiz.de/10014202527
In the main, Hayek favored rules that apply equally to all and located such rules in tradition, beyond conscious construction. This led Hayek to attack Keynes’s immoralism, i.e., the position that one should be free to choose how to lead one’s life irrespective of the informal institutions...
Persistent link: https://www.econbiz.de/10014202528
Recent research has documented that competent-looking political candidates do better in U.S. elections and that babyfaced individuals are generally perceived to be less competent than maturefaced individuals. Taken together, this suggests that babyfaced political candidates are perceived as less...
Persistent link: https://www.econbiz.de/10014202783
We study the political opinions of Swedish social scientists in seven disciplines. A survey was sent to 4,301 academics at 25 colleges and universities, which makes the coverage of the disciplines included more or less comprehensive. When it comes to party sympathies there are 1.3 academics on...
Persistent link: https://www.econbiz.de/10014224348
Recently, the 50th anniversary of the publication of The Calculus of Consent, the monumental work by James Buchanan and Gordon Tullock providing logical foundations of constitutional democracy, occurred. The main aim of the book is scientific, but I claim that it also provides insights that can...
Persistent link: https://www.econbiz.de/10014150596
James M. Buchanan Jr. is among the 71 individuals who were awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel between 1969 and 2012. This ideological profile is part of the project called “The Ideological Migration of the Economics Laureates,” which fills the...
Persistent link: https://www.econbiz.de/10014150597
We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power of economic institutions, we use newer data, we incorporate more countries, and we use instrumental variables in an attempt to handle the causality problem. A central result is...
Persistent link: https://www.econbiz.de/10014253922
We study the role of beauty in politics using candidate photos that figured prominently in electoral campaigns. Our investigation is based on visual assessments of 1,929 Finnish political candidates from 10,011 respondents (of which 3,708 were Finnish). An increase in beauty by one standard...
Persistent link: https://www.econbiz.de/10014049900
While studies of the relationship between economic freedom and economic growth have shown it to be positive, significant and robust, it has rightly been argued that different areas of economic freedom may have quite different effects on growth. Along that line, Carlsson and Lundstrom (2002)...
Persistent link: https://www.econbiz.de/10014055545