Law and Economics deals with the economic analysis of legal relations, legal provisions, laws and regulations and is a research field which has a long tradition in economics. It was lost after the expulsion of some of the leading economists from Germany during 1933 to 1938, but then revived in Chicago. Both the subject of… Read more »
Although both the problem of corruption and its detrimental effects on society, economy, and environment has widely been recognized, corruption remains one of the most challenging problems of today. In light of globalization, the exclusive focus on compliance-oriented measures such as sharpening laws seems to be more and more ineffective. Apparently, the problem is not… Read more »
The theme arises from the legal-academic movement „Law and Literature“. This newly developed field should aim at two major goals, first, to investigate the meaning of law in a social context by questioning how the characters appearing in literary works understand and behave themselves to the law (law in literature), and second, to find out… Read more »
James M. Buchanan won the Nobel Prize in Economics in 1986 and was a pioneer of public choice and constitutional political economy and contributed to many fields of study, including philosophy, political science, and public finance.
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 »
Vom 5. bis 7. Januar 2018 trafen sich Teilnehmer der ersten beiden Jahrgänge der Agora Sommerakademie in Erfurt zum ersten Alumni-Treffen. Von den insgesamt 35 Alumni machten sich 17 auf den (zum Teil sehr langen) Weg nach Erfurt, um alte Freunde wiederzusehen und neue zu gewinnen. Die programmatische Gestaltung lag vollständig in der Hand der jungen Menschen zwischen 17 und 23 Jahren.
The Editors of the new Schmollers Jahrbuch Journal of Contextual Economics, Nils Goldschmidt (University of Siegen), Erik Grimmer-Solem (Wesleyan University), and Joachim Zweynert (Witten/Herdecke University) are glad to announce that the first issue has now appeared. It contains contributions by John B. Davis, Geoffrey M. Hodgson, Richard Sturn, Stephen T. Ziliak & Samuel Barbour, and Philip Mirowski.
Nine out of ten countries currently have emergency provisions written into their constitutions here simply referred to as emergency constitutions. The nature of these provisions remains poorly understood. We therefore aim at providing first answers to two questions: 1) how much additional discretionary power do emergency constitutions allow and which political actors are given the additional power; and 2) is there a limited number of “typical” emergency constitutions that combine various aspects in similar or even identical fashion?