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of economic freedom, and the risk and characteristics of economic crisis. After offering some brief theoretical … considerations, I estimate the effects of economic freedom on crisis risk in the post-Cold War period 1993-2010. I further estimate … period. Estimates suggest that economic freedom is robustly associated with smaller peak-to-trough ratios and shorter …
Persistent link: https://www.econbiz.de/10010472517
This paper suggests that attitudes towards markets can account for the stickiness of institutions of civil freedom … liberties are determined by informal institutions to a larger extent than economic freedom …
Persistent link: https://www.econbiz.de/10013050990
of economic freedom, and the risk and characteristics of economic crisis. After offering some brief theoretical … considerations, I estimate the effects of economic freedom on crisis risk in the post-Cold War period 1993-2010. I further estimate … period. Estimates suggest that economic freedom is robustly associated with smaller peak-to-trough ratios and shorter …
Persistent link: https://www.econbiz.de/10013031711
Fraser Institute's Economic Freedom of the World indices in order to test if economic freedom affects emissions. I do so in … economic freedom is associated with environmental damage and whether deregulation is harmful to the environment or incentivises … their emissions. On the other hand, more economic freedom is likely to enable innovation and the adoption of green …
Persistent link: https://www.econbiz.de/10012204004
Institute's Economic Freedom of the World indices in order to test if economic freedom affects emissions. I do so in the context … question how economic freedom is associated with environmental damage and whether deregulation is harmful to the environment or … reduce their emissions. On the other hand, more economic freedom is likely to enable innovation and the adoption of green …
Persistent link: https://www.econbiz.de/10012845548
floating exchange rates and chose to have inconsistencies between economic freedom and political and civil freedoms were most …
Persistent link: https://www.econbiz.de/10014123233
This paper provides, after a contextualizing introduction, the first-time translation of Walter Eucken’s presentation during the first session of the founding meeting of the Mont Pèlerin Society, April 1-10, 1947. Eucken was the only scholar based in Germany to attend the conference and took...
Persistent link: https://www.econbiz.de/10013164738
What explains the simultaneous critiques of economic theory and liberalism during the 1930s? Early neoclassical economists had a common understanding of the proper institutional context under-girding a liberal market order. From the marginal revolution emerged a growing emphasis on analyzing...
Persistent link: https://www.econbiz.de/10012841431
Frederic Bastiat (1801-1850) was an economist and journalist. A member of the French Liberal School, he is best known for his free trade ideas and his philosophy of law. Mark Blaug ranks him as one of the 100 greatest economists before Keynes. Schumpeter called him a brilliant economic...
Persistent link: https://www.econbiz.de/10013054141
Frederic Bastiat (1801-1850) was a French economist and journalist. One of his classic works is The Candlemakers' Petition, which uses the reductio ad absurdum philosophical technique to dismantle the arguments the French protectionists put forth to protect French industry in the mid-nineteenth...
Persistent link: https://www.econbiz.de/10013054144