Economists generally agree that price controls are almost always self-defeating, generally producing undesirable, perverse consequences and failing to accomplish their intentions. Previous scholarship has explored whether the halakhah (Jewish law) of ona'ah (fraud) constitutes a price control....

The idea is that the three Abrahamic religions, Judaism-Christianity-Islam, all predispose for a social-welfare liberal state safeguarding against the violation of Pareto efficiency, equity, and envy-freeness microeconomics-wise, and managing the overall economy in line with the non-Monetarist...

For decades, experimental economics has been very interested in behavior that could be characterized as practicing solidarity (although the term is rarely used). Solidarity is a key concept in Catholic Social Teaching. This paper builds a bridge between these two endeavors that, thus far, had...

This study investigates the effect of religiosity on economic development or achievement of individuals in South Kalimantan, Indonesia. This province is of interest as its people are viewed as highly religious but lagging in economic development. The study attempts to address the measurement...

Portuguese Abstract: Nós procuramos, por meio desse trabalho, analisar como uma liderança religiosa, tida como carismática segundo a teoria de liderança proposta por Max Weber, poderia influenciar no desenvolvimento econômico e turístico de uma região. Para desenvolver essa análise...

Scholars distinguish between gratitude, which involves not only appreciation of benefit but a positive feeling directed to the benefactor, from gratefulness, which does not necessarily involve any benefactor, much less a feeling toward one (‘I am grateful for the warm sunshine.’). I suggest...

Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa's economy is the least developed...

This paper examines the conceptual semantics of two keywords belonging to the English vocabulary of economics discourse, money and value (intended as exchangeable value of goods), as originally theorized by Adam Smith in Chapter IV of the Wealth of Nations. It is argued that a semantic...