Property is considered paramount to one’s existence, as a natural, absolute and inalienable right. Occupancy is required for man to secure what his thoughts have already made his. Property is realized in use but the right of occupancy and the status of res nullius are not established by the...

The law of value performs its regulatory function in the capitalist system where the private ownership of means of production and commodity production prevail. Under the centrally directed system of socialism, the economic process must be determined by plans and valuations of the central...

Claims that the process of transition of former socialist countries has been misguided. The reform of the economic system is but part of the overall process of social transformation, and it is argued that at the root of the disappointing results has been the fact that instead of focusing on...

Throughout history, social philosophers have justified titles of possession by the right of occupation, labour, and social contract, while the economic justification rests on efficiency grounds. Subscribing to the extremely contestable argument that there is a connection between private property...

Economics, as one of the cultural and historical sciences, is responsible for the investigation of the meaningful relation between the whole and the parts, based on organic linking and not on the mechanical‐causal relationship. The relevant contributions of the leading holistic school of...

Political changes in the countries of Central and Eastern Europe have created both the preconditions as well as the need for the transition from the old to a new economic order. In the absence of any ready substitute, the institutional vacuum which arose plunged the majority of these countries...

Identifies certain commonalities in the bases of the moral philosophies of Rand (individualist/capitalist/egoist) and Marx (collectivist/socialist/altruist), such as a man’s natural rights and materialism. Examines their philosophies from an ethical viewpoint, looking at the origins and...

Grades are used to evaluate students as well as to compare their scholastic achievements. They are used by graduate schools as well as business firms to discriminate between students. But when grades are inflated, they cease to be an objective measure. We therefore wish to examine the trend in...

Following an earlier paper titled “Population and Poverty: The Real Score” (UPSE Discussion Paper 0415, December 2004), the present paper was first issued in August 2008 as a contribution to the public debate on the population issue that never seemed to die in this country. The debate heated...

Outward migration data from the Philippines exhibit spatial clustering. This is likely due to information spillover effects-­-fellow migrants share information with other neighboring migrants, thereby lowering the costs of migration. To verify this, we use spatial econometrics to define a...