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The Rise of Capitalism and the Roots of Anti-American Terrorism

Krieger, Tim - 2014

, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 … and 2007, this contribution, contrary to expectations from capitalist peace theory, does not find that Anti …

Persistent link: https://www.econbiz.de/10013050419

The Cult of Statistical Significance

Krämer, Walter - 2010

This article takes issue with a recent book by Ziliak and McCloskey (2008) of the same title. Ziliak and McCloskey argue that statistical significance testing is a barrier rather than a booster for empirical research in many fields and should therefore be abandoned altogether. The present...

Persistent link: https://www.econbiz.de/10013135915

Beyond the DSGE Straitjacket

Pesaran, M. Hashem - 2011

Academic macroeconomics and the research department of central banks have come to be dominated by Dynamic, Stochastic, General Equilibrium (DSGE) models based on micro-foundations of optimising representative agents with rational expectations. We argue that the dominance of this particular sort...

Persistent link: https://www.econbiz.de/10013125067

Is Prescott Right? Welfare State Policies and the Incentives to Work, Learn and Retire

Jacobs, Bas - 2008

This paper bolsters Prescott's (2004) claim that high taxes are responsible for lacklustre labor market performance in continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and endogenous retirement. Labor taxation distorts not...

Persistent link: https://www.econbiz.de/10012772137

Political Capitalism : The Interaction between Income Inequality, Economic Freedom and Democracy

Krieger, Tim - 2016

distribution) when inequality is high. We argue that the latter finding corresponds to a system of political capitalism or captured …

Persistent link: https://www.econbiz.de/10012999751

What Marx Means Today

Sinn, Hans-Werner - 2017

Marx made significant contributions to macroeconomics, laying the grounds for both Keynes's theory of aggregate demand … and Schumpeter's theory of creative destruction. His law of the tendency of the rate of profit to fall parallels Alvin … Hansen's theory of secular stagnation which has recently received much attention among scholars studying the financial crises …

Persistent link: https://www.econbiz.de/10012954595

Withering Academia?

Frey, Bruno S. - 2010

Strong forces lead to a withering of academia as it exists today. The major causal forces are the rankings mania, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university,” and inadequate organizational forms for modern...

Persistent link: https://www.econbiz.de/10013136878

Fighting Multiple Tax Havens

Elsayyad, May - 2010

This paper develops a competition theory framework that evaluates an important aspect of the OECD's Harmful Tax …

Persistent link: https://www.econbiz.de/10013137397

Another Road to Serfdom

Komlos, John - 2021

Friedrich Hayek’s The Road to Serfdom is an influential book more than seventy years after its publication. This paper examines his arguments and finds that they come up short in many ways and suggests that we have taken “another road to serfdom”. Hayek’s mind was completely closed to...

Persistent link: https://www.econbiz.de/10013315496

Of Morals, Markets and Mice : A Comment on Falk and Szech

Breyer, Friedrich; Weimann, Joachim - 2021

A recent experimental study by Falk and Szech (Science, 2013) concludes that "markets erode moral values". If this were true, economists, who have emphasized the efficiency enhancing effects of markets for centuries, would have to reconsider their judgments fundamentally. This would be no less...

Persistent link: https://www.econbiz.de/10013315611