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Cowen (2020) argues for a redirection of effort towards “State Capacity Libertarianism,” which keeps the core of policy proposals from libertarianism intact while emphasizing a select set of policies aimed at furthering economic growth. These policies center on the ability of the state to...
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There is a large and growing economics literature that seeks to explain how modern economic development and cross-country income differentials are the result of ancient historic, cultural, genetic, or other factors, whose effects persist in the modern world (Spolaore and Wacziarg 2013). Referred...
Persistent link: https://www.econbiz.de/10012955082
Recent research has explored the determinants of economic freedom, an important measure of institutional quality. Elsewhere, some scholars have posited a negative relationship between the quality of economic institutions and democracy, at very high levels of democracy. This paper disaggregates...
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The paradigm of liberalism – the preeminence of some form of universal human rights – has taken hold in much of the developed world, with obvious exceptions. Prior to liberalism, certain subgroups in society were not accorded full moral status and were considered morally as part of the...
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