Showing 1 - 10 of 41
Some of today's most heated policy debates about Brexit, trade wars, climate change abatement, and migration involve redistribution of resources within a given country (national redistribution) and between countries (global redistribution). Nevertheless, theories and evidence on preferences for...
Persistent link: https://www.econbiz.de/10012846318
This paper treats the structure of economic theory as a product of spontaneously ordered relationships among theorists in a setting where different institutional frameworks can govern those relationships. Those differences generate different selection principles among economic theories and,...
Persistent link: https://www.econbiz.de/10014175220
In randomized control laboratory experiments, we find that those primed to think about markets exhibit more trusting behavior. We randomly and unconsciously prime experimental participants to think about markets and trade. We then ask them to play a trust game involving an anonymous stranger. We...
Persistent link: https://www.econbiz.de/10014177048
Expositions of the theory of public finance mostly presume that taxation will be the primary instrument for generating revenues. While this presumption is historically accurate, it does not so much reflect historical necessity as it reflects a combination of power and ideology. Cities are...
Persistent link: https://www.econbiz.de/10014184037
This paper explores a possible path toward dissolving an antinomy within political economy: market order is treated as emergent and spontaneous while political order is treated as planned. This paper pursues a path that seeks to locate the entire social order as emergent and spontaneous. Where a...
Persistent link: https://www.econbiz.de/10014186463
Any competitive process selects among qualities possessed by the competitors, and with different processes selecting for different qualities. With respect to athletic competition, for instance, diving selects for different qualities than swimming. This paper compares electoral and market...
Persistent link: https://www.econbiz.de/10014165173
Public finance entails two distinct research programs with incongruent hard cores. A scholar can work within both programs but not at the same instant because of that incongruity. One program sets public finance inside welfare economics. It received its canonical expression from Francis...
Persistent link: https://www.econbiz.de/10014083639
This is a preliminary draft of the second of what will be eight chapters in a book titled Politics as a Peculiar Business: Public Choice in a System of Entangled Political Economy. This chapter sets forth the framework to be developed and elaborated in the remaining chapters. The subtitle...
Persistent link: https://www.econbiz.de/10014143720
This is a preliminary draft of the first of what will be eight chapters in a book titled Politics as a Peculiar Business: Public Choice in a System of Entangled Political Economy. This chapter explores some issues regarding the scholarly location of what is often described as the Virginia...
Persistent link: https://www.econbiz.de/10014143721
What is the place of political parties within a democratic system of political economy? Parties are often described as intermediaries that lubricate the political process by facilitating the matching of voter preferences with candidate positions. This line of analysis flows from a bi-planar...
Persistent link: https://www.econbiz.de/10012972069