institutions. In this paper, I will sketch a theory of real-existing socialist economies from a property rights/public choice …

-financed corporate bailouts to reduce these distortions and points to the causes of inefficiencies in real-world implementations such as …

recession. It is an application of the Keynesian multiplier theory, which was expounded in Keynes' 1936 economic treatise, The … General Theory of Employment, Interest and Money. Post-1936 economic history has given the multiplier theory mixed reviews … economist and journalist. He discussed the multiplier theory in the 1840s, more than a generation before John Maynard Keynes …

economy where foreign investment triggers Stolper-Samuelson effects through reducing exporting costs. We show how incentives …

In its property ethics, the theory of a Christian society tries to bring together two statements that at first glance … are not easily reconciled. The first statement underscores the importance of private property to the freedom and personal … result. This holds for the Catholic theory of society as well as for Protestant social ethics. Even though most of the …

generally not justifiable. Both of these groups also apply a version of rights theory. However, both groups of theorists apply … an incomplete version of both utilitarian ethics and rights theory. The approach proposed in this paper employs a more …