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The aim of this paper is to analyse what does it happen when we introduce “violence”, threats and self-help, into economic models. This will be done considering the alternative between a market or a political allocation. The conclusions will be: a) That under standard assumptions there is no...
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This 2 pages paper shows that, if we properly understand the working of markets without transaction costs, the social utility function associated with them, assumes the form of a mathematical singularity and then that there will be no predictable behavior of this function
Persistent link: https://www.econbiz.de/10013021418
The aim of this paper is to analyse the way in which the world is divided into different 'legal traditions', in order to understand the actual establishment of a ranking of the various legal systems, as it is used as a powerful device for global governance, directed to mould policy projects of...
Persistent link: https://www.econbiz.de/10013025859
In this essay the Author traces back the modern standard theory of economic rationality to the theological backgrond of the theory of Angels as rational decision makers developed by Christian Scholastics.His main conclusion is that there is an identifiable theological background of modern...
Persistent link: https://www.econbiz.de/10013122582
The aim of my paper is to show that a consistent economic analysis brought to its logical conclusions should destroy any theory of property rights, and as such it is inconsistent with its own premises, and especially with the ideological presuppositions of quite all of its followers. The...
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