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Much controversy exists over whether F. A. Hayek posited an inevitability thesis – interventionist policy would supposedly mutate into full-blown command planning – in The Road to Serfdom. This paper argues that much of the confusion over Hayek’s alleged inevitability thesis is generated...
Persistent link: https://www.econbiz.de/10010939401
This paper provides a bargaining aspect into the analysis of intellectual property protection across borders. We investigate the conditions under which a mutually accepted level of intellectual property enforcement can be agreed upon between two negotiating governments. We also explore the...
Persistent link: https://www.econbiz.de/10005698456
The Tiebout competition model is often criticized for its unrealistic assumptions. We develop an imperfect Tiebout competition model in which households have no information about other jurisdictions (moving decisions are blind), and local jurisdictions operate as revenue-maximizing Leviathans....
Persistent link: https://www.econbiz.de/10012984406
In a recent article in "Challenge" magazine, Andrew Farrant and Edward McPhail argue that the central message of F. A. Hayek's "The Road to Serfdom" is that any attempt to create a welfare state must lead inevitably to totalitarianism. I argue in my paper that this was not the central argument;...
Persistent link: https://www.econbiz.de/10011603375