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This paper provides findings from a survey of participants in professional academic organizations supportive of free enterprise, entrepreneurship and classical liberal ideals. We present data on the subset of respondents who do not currently hold, but aspire to hold, a chair or professorship in...
Persistent link: https://www.econbiz.de/10014128567
For more than one hundred years, noble concerns have persuaded well-meaning people to favor more government to promote the public interest, and others have exploited those concerns to grab political privileges at public expense. Contrary to conventional thought, however, the history of...
Persistent link: https://www.econbiz.de/10014137901
Does the emergence of a stock market require a well-developed legal and/or regulatory system? Although historical work by Neal and Davis [Neal, L., & Davis, L. (2005). The evolution of the rules and regulations of the first emerging markets: The London, New York, and Paris stock exchanges,...
Persistent link: https://www.econbiz.de/10013249916
The special interest group model of government, employed throughout public choice theory, models the outcomes of government as a function of special interest group activity. Early work in this area by authors such as Stigler (1971) and Peltzman (1976) focused on the role of interest groups in...
Persistent link: https://www.econbiz.de/10012981242
Behavioral economists recognize that we are all subject to the cognitive biases they have observed and studied in laboratory experiments. Yet the leading behavioral economists exhibit far more interest in applying those biases to market decisions than to political decision-, and see irrational...
Persistent link: https://www.econbiz.de/10012918545
The coevolution of trust in government alongside the growth of government is an aspect of research on the latter topic that has not been explored. We consider this coevolution in the context of a political economy model and a public interest view of government growth and incorporate the role of...
Persistent link: https://www.econbiz.de/10012922239
The relaxation of emigration restrictions in the Soviet Union and the State's subsequent collapse led to a large exogenous shock to Israel's immigrant flows because Israel allows unrestricted immigration for world-wide Jews. Israel's population increased by 20 percent in the 1990s due to...
Persistent link: https://www.econbiz.de/10012962822
While technology entrepreneurship has been widely recognized as a driver of economic growth, there exists little in the way of a unified framework for understanding technology entrepreneurship and assessing its value proposition, particularly when network externalities and information are...
Persistent link: https://www.econbiz.de/10012950494
In this essay, we argue that liberal economists should take more seriously the problems of public goods and externalities as well as the capacity of taxation and state action to improve human welfare. While taking seriously the public choice concerns about how the political process works as well...
Persistent link: https://www.econbiz.de/10012950545
Persistent link: https://www.econbiz.de/10012197576