Am von in der Kategorie Paper, Publication.

Sufficientarian libertarianism is a theory of justice that combines libertarianism’s focus on property rights and non-interference with sufficientarianism’s concern for the poor and needy. Persons are conceived as having stringent rights to direct their lives as they see fit, provided that everyone has enough to live a self-guided life. Yet there are different ways to… Read more »

Am von in der Kategorie Publication.

This book focuses on the idea of a modus vivendi as a way of governing political life and addressing problems characterized by pluralism or deep-rooted diversity. The individual essays illustrate both the merits and the limitations of a political theory of modus vivendi; how it might be interpreted and developed; specific challenges entailed by articulating… Read more »

Am von in der Kategorie Publication.

The Natural Rate of Interest was defined by Wicksell as the real rate of interest on the capital market which equates saving and investment under conditions of prosperity (full employment) and absent public debt. Preceding Wicksell Eugen von Böhm-Bawerk gave three facts of life, which together induce a positive natural rate of interest. He was… Read more »

Am von in der Kategorie Paper, Publication.

We consider Gordon Tullock’s impact in political science, focusing on his influence as a scholar and as an academic entrepreneur. It is common to think of Tullock as a “natural economist,” but his formal training at Chicago encompassed considerable coursework related to political science. We consider three sources of information to draw conclusions about Tullock’s… Read more »

Am von in der Kategorie Paper, Publication.

Many scholars have worried that regulation deters entrepreneurship because it increases the cost of entry, reduces innovation in the regulated industry, and benefits large firms because they can overcome the costs of complying with regulations more easily than smaller firms. Using novel data on the extent of US federal regulations by industry and data on… Read more »

Am von in der Kategorie Publication.

This book brings together leading scholars of the history of economic thought to demonstrate the vitality and richness of a discipline that welcomes both practitioners of intellectual, contextual history, as well as specialists in the historical explanation of the analytical and theoretical dimension of economic science. They shed new light on a variety of themes… Read more »

Am von in der Kategorie Paper, Publication.

Institutions are the formal or informal ‘rules of the game’ that facilitate economic, social, and political interactions. These include such things as legal rules, property rights, constitutions, political structures, and norms and customs. The main theoretical insights from Austrian economics regarding private property rights and prices, entrepreneurship, and spontaneous order mechanisms play a key role… Read more »

Am von in der Kategorie Paper, Publication.

In recent years, a novel, specifically institutional approach to public regulation has become popular, particularly in the Anglo-Saxon world: ‘Libertarian Paternalism’ promises to tackle society’s problems in a way that increases welfare without compromising people’s freedom and autonomy. The key instrument advanced by this programme is nudges. Although nudges’ ethical quality has been discussed at… Read more »