Elinor Ostrom, co-recipient of the 2009 Nobel Prize in economics, argues that in studying social order, we should not be limited to only the conceptions of order derived from the work of Adam Smith and Thomas Hobbes. To be precise, we should not limit ourselves to theoretical frameworks of The...

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[fre] Cet article porte sur le problème des expérimentations par la pensée dans la théorie autrichienne et prend comme point de départ l’argument de Lawrence Moss sur la division entre les économistes autrichiens de l’ancienne génération - pour lesquels les expérimentations par la...

type="main" <title type="main">Summary</title> <p>This paper elaborates the notion of “crony capitalism” and advances an innovative approach to the analysis of the phenomenon in case, seen as a type of rent-seeking society. The argument leads to a pioneering attempt to elaborate an original theory of crony capitalism as...</p>

This paper is an exploratory comparative analysis of the spread of the flat tax in postcommunist Eastern Europe. The paper reviews the flat tax as a public policy prescription, discusses the various arguments that underpin its potential reception, introduces and applies a synthetic comparative...

Intro -- _GoBack -- The authors -- Foreword -- Summary -- Tables and figures -- 1 Introduction -- Richard Wellings -- Global fish stocks -- The tragedy of the commons -- How market mechanisms protect fisheries -- Cutting off the invisible hand -- Fishing for favours -- The tragedy of state...

In this book Paul Dragos Aligica revisits the theory of political self-governance in the context of recent developments in behavioral economics and political philosophy that have challenged the foundations of this theory. Building on the work of the 'Bloomington School' created by Nobel Laureate...