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History is replete with overt discrimination on the basis of race, gender, age, citizenship, ethnicity, marital status, academic performance, health status, volume of market transactions, religion, sexual orientation, etc. However, these forms of discrimination are not equally tolerable. For...
Persistent link: https://www.econbiz.de/10015259752
This paper gives a theoretical proof for a question of constitutional law namely the principle of the separation of powers (SP). By defining a democratic process to be permissive (P) and separable (S) it proves that SP is a democratic, S & P, outcome.
Persistent link: https://www.econbiz.de/10015269799
a new solution concept. We then examine the existence, popularity, and welfare properties of equilibrium leaders, these …
Persistent link: https://www.econbiz.de/10015248349
Hartwick’s rule says that as mineral resources are extracted from the ground, investments in productive assets need to be made to leave future generations with as much assets as the present generation. This article examines whether mining in Goa meets Hartwick’s rule, and finds that the...
Persistent link: https://www.econbiz.de/10015218395
We investigate the possible explanations of variations in aggregate levels of participation in large-scale political demonstrations. A simple public choice inspired model is applied to data derived from the annual May Day demonstrations of the Danish labour movement and socialist parties taking...
Persistent link: https://www.econbiz.de/10015225097
Making the taxes acceptable to large number of people by allocating their obligation to the chosen project is the main subject of this paper. In this way a greater objectivity, transparency and local goals are set in according to the preferences of the tax contributors. State Investment office...
Persistent link: https://www.econbiz.de/10015227336
Political scientists and economists increasingly agree that institutions may influence economic growth, but there is little general agreement on what institutions tend to produce what consequences. We apply public choice insights for a theoretical analysis that may be termed “Madisonian”:...
Persistent link: https://www.econbiz.de/10015230165
The paper aims to describe the evolution part of the economy and power to tax in Colombia. It also explains the failure of the government and the problems that have expanded public sector expenditures. Furthermore, we identify the aspects of political economy have influenced the evolution of the...
Persistent link: https://www.econbiz.de/10015230884
Is regional policy to blame for the negative economic return on many road projects, or can road investments give value for money also in remote areas? In Norway, a large majority of planned road projects have negative net benefits according to cost-benefit analysis (CBA). In this paper, we point...
Persistent link: https://www.econbiz.de/10015264257
This paper aims at providing additional explanations of the shift in electoral preferences studied by Piketty (2018) – in the post-war period rich and educated voters in Western countries shifted from right-oriented to left-oriented political parties. It is argued that high income individuals...
Persistent link: https://www.econbiz.de/10015269645