null

Am von in der Kategorie Publikationen.

Indignation is often understood to be the translation of an essentially just moral evaluation. However, it is necessary to investigate the ambiguities of this moral emotion. In the first part, an examination of the genealogy of indignation sheds light on the differences and similarities between ancient and modern conceptions of indignation. Modern indignation presupposes a… Read more »

null

Am von in der Kategorie Publikationen.

Aristotle listed moderation as one of the moral virtues. He also defined virtue as the mean between extremes, implying that moderation plays a vital role in all forms of moral excellence. But moderation’s protean character—its vague and ill-defined omnipresence in judgment and action—makes it exceedingly difficult to grasp theoretically. At the same time, moderation seems… Read more »

null

Am von in der Kategorie Publikationen.

This paper investigates the industrial organization of the international drug trade. From the mid 1970s through the early 2000s, a few large-scale and hierarchically organized cartels dominated the market. Since 2006, dozens of smaller and more-specialized units have emerged. We notice that the prohibition efforts of federal governments (primarily Mexico and the U.S.) imposed costs… Read more »

null

Am von in der Kategorie Publikationen.

We develop a framework for understanding how legal structures relate to imprisonment. We hypothesize that relatively more hierarchy within criminal justice institutions, compared to commercial law, fosters higher rates of incarceration. Our framework predicts that incarceration reflects asymmetric opportunities for rent seeking across differently organized legal institutions. Instead of comparing criminal justice institutions across nations… Read more »

null

Am von in der Kategorie Publikationen.

Standard economic theory proposes that public goods (equally available to everyone) will be underprovided by private markets. Individuals can benefit without having to pay, so there is little incentive to invest or manage resources efficiently. The punishment of criminals is an example of this, since everyone in a society benefits from reduced crime whether they… Read more »

null

Am von in der Kategorie Publikationen.

This book argues that the work of the Austrian economists, including Carl Menger, Joseph Schumpeter, Ludwig von Mises and Friedrich Hayek, has been too narrowly interpreted. Through a study of Viennese politics and culture, it demonstrates that the project they were engaged in was much broader: the study and defense of a liberal civilization. Erwin… Read more »

null

Am von in der Kategorie Publikationen.

Heterarchy is a complex adaptive system of governance, an order with more than one governing principle. Heterarchies include elements of hierarchies and networks, but in a number of important ways, heterarchies are different from both of these systems of governance. The model of heterarchical governance is like plate tectonics: mutually self-contained orders with unclear hierarchies… Read more »