There has always been a debate on the roles of government and market for economic growth and development. Economic development encompasses more than just growth; it seeks the betterment of the standard of living and higher Human Development Index. There is no single strategy that would be...

It is well known that protestant and puritan environments historically have fostered entrepreneurs. This paper looks at serial entrepreneurship which took place in Norway in the 19th century in networks led by the puritan leader Hans Nielsen Hauge (1771-1824) and his followers.The paper seeks to...

The present paper looks at the Weber-Tawney thesis on the positive link between Protestant ethic and economic growth. Both scholars observed that Protestant areas in the Western world seemed to gain faster and more wealth than areas with less Protestants, and largely explained this by a special...

This Article explores contemporary meanings of the rule of law with a focus on its meaning in Chinese history and tradition, as well as Chinese legal institutions. Part I considers the concept of law in China, from early understandings in Confucianism and Legalism to more recent treatments in...

George Orwell's famous fictions, Animal Farm and Nineteen-Eighty Four were intended to advocate democratic socialism by portraying undemocratic forms of socialism as totalitarian. For Orwell, democracy was a political institution which would limit the abuse of power. But there are several...

The criticism of democratic socialism by F. A. Hayek's Road to Serfdom (2007 [1944]) and John Jewkes's The New Ordeal by Planning (1968 [1948]) differs crucially from more recent arguments against market socialism made by Andrei Shleifer and Robert W. Vishny (1994). The Hayek-Jewkes argument...

The Public Choice criticism of democratic socialism by F. A. Hayek's Road to Serfdom (2007 [1944]) and John Jewkes's The New Ordeal by Planning (1968 [1948]) differs crucially from more recent Public Choice criticism of market socialism by Andrei Shleifer and Robert W. Vishny (1994) and deserves...

The Public Choice criticism of democratic socialism by F. A. Hayek's Road to Serfdom (2007 [1944]) and John Jewkes's The New Ordeal by Planning (1968 [1948]) differs crucially from more recent Public Choice criticism of market socialism by Andrei Shleifer and Robert W. Vishny (1994) and deserves...

Andrei Shleifer and Robert W. Vishny (1994) have used Public Choice analysis to criticize market socialism. Peter J. Boettke (1995) and Peter T. Leeson and Boettke (2002) have argued that F. A. Hayek's Road to Serfdom (2007 [1944]) constituted a form of Public Choice analysis as well, in...

Andrei Shleifer and Robert W. Vishny (1994) have used Public Choice analysis to criticize market socialism. Peter J. Boettke (1995) and Peter T. Leeson and Boettke (2002) have argued that F. A. Hayek's Road to Serfdom (2007 [1944]) constituted a form of Public Choice analysis as well. Boettke...