Austrian theory of dynamic efficiency are consistent to enhance economic development. Their argument focuses on two issues: (a …) the existence of circular reasoning in the Austrian theory of dynamic efficiency, and (b) dynamic efficiency and full …-communist criteria, the Austrian theory of dynamic efficiency argues that to impede private property rights is to remove the most …

of alternative property rights systems. We unpack the consequences of these core propositions using the economic theory …

This study examines the effects of the historical prevalence of infectious diseases on contemporary entrepreneurship … disease prevalence on contemporary entrepreneurship is mediated by property rights. The central hypothesis posits that a … guarantee of property rights reduces the effect of past diseases on entrepreneurship. Using data from 125 countries, we find …