Purpose – The purpose of this paper is to develop a Biblical basis for localization as against globalization. This paper argues that the normative direction of Biblical thought is toward the localization of socio-economic activity. A case study is made for the developing world today relevant...

The difficulty of holding fair elections continues to be a critical problem in many newly democratized countries. The core of the problem is the electoral administration's lack of political autonomy and capability to regulate fraud. This paper seeks to identify the conditions for establishing an...

Institutions, crucial for the analysis of how agents deal with uncertainty, have been gaining increasing relevance on the Economic research agenda. In this paper, we analyze the institutional literature that provides insights into different research fields, aiming to explain why this perspective...

The standard neoclassical approach to economic theorising excludes, by definition, economic emergence and the related phenomenon of entrepreneurship. We explore how the most economic of human behaviours, entrepreneurship, came to be largely excluded from mainstream economic theory. In contrast,...

The paper is a contribution to the theory of institutional change. Using a process-based, evolutionary framework, a comparative analysis of economic and political entrepreneurship is provided and implications are derived for the role of political entrepreneurship, and the element of agency in...

According to Plato, thymòs – a notion denoting the human need for recognition – triggers off the most powerful and overwhelming human passions. Indeed, any action originated and nurtured by thymòtic passions places its own raison d’être in itself. The acts motivated by thymòs can...