Friedrich August von Hayek hat der Nachwelt ein breites theoretisches Werk hinterlassen. Ein durchgängiger Wesenszug darin ist sein spezifischer Liberalismus, der durch einen negativen Begriff von Freiheit bestimmt ist. Damit verbunden ist Hayeks ausgeprägter methodologischer Individualismus....

Friedrich August von Hayek hat der Nachwelt ein breites theoretisches Werk hinterlassen. Ein durchgängiger Wesenszug darin ist sein spezifischer Liberalismus, der durch einen negativen Begriff von Freiheit bestimmt ist. Damit verbunden ist Hayeks ausgeprägter methodologischer Individualismus....

This paper investigates the causal relationship between corruption and fixed capital investment in Russian regions. The panel data on corruption allow to control for unobserved heterogeneity with fixed effects estimation. We address the problem of endogeneity by introducing novel instrumental...

The European Union project is strongly challenged today by the historical decision of United Kingdom’s citizens to exit from this structure, with all consequences assumed. United Kingdom will be the first nation that will quit this ambitious initiative and the decision is transmitted by the...

This paper is the outcome of a related broader project, exploring the explanatory power of the Legal Theory of Finance, which proposes a new institution-based analytical framework for the analysis of phenomena of financial markets. One of its most important theoretical assumptions, the legal...

We investigate the prospects of voluntary ecological sufficiency for environmental and climate policy under the constraints implied by political liberalism. We find that freedom of choice restricts sufficiency to rather wealthy societies and that a sufficiency threshold cannot be derived by...

This study looks at some non-conventional determinants of economic growth, with the help of the newly developed economic freedom index datasets of the Heritage Foundation/Wall Street Journal(HF/WSJ), which is a cumulative index derived from several sub-indices (trade freedom index, financial...

Contents -- Acknowledgments -- Freedom and law -- Freedom and rights -- The nature and purpose of government: a Lockean view -- Liberal democracy -- Constitutional considerations -- Bibliography -- About the author

Was treibt uns an? Wie gelingt ein Leben? Welche Werte haben Bedeutung? Denken ist das größte Abenteuer, ist Robert Misik überzeug, und entschlüsselt rasant und amüsant den Geist unserer Zeit. Er erzählt von Konsum und Identität, von Liebe und Kapitalismus, von Ironie und Freiheit - und...

The contribution by the Austrian economist Friedrich von Hayek to monetary theory stimulates a far-reaching debate on the role of the government in monetary management and the effects of alternative policies in regulating the issuance of money. Since the early 1930s Hayek had been concerned...

IP boxes or patent boxes can be introduced so as to promote research and development (R&D) activities or attract mobile IP assets, but they can also cause harmful tax competition. Action 5 of BEPS project has analysed this problem and proposes the application of a ‘nexus approach’ that...

We investigate emigrant self-selection according to institutional quality using up to 3,566 observations on bilateral migration flows from 77 countries over the 1990-2000 period. We relate these flows to differences in political and economic institutions. We improve and expand upon previous...

Liberalism, old style (1955) -- The relation between economic freedom and political freedom (1962) -- The role of government in a free society (1962) -- Is a free society stable? (1962) -- An interview with Milton Friedman: A reason interview (1974) -- Say "no" to intolerance (1991) -- The line...

A review of literature indicates that most approaches emphasize bridging the digital divide, an approach focused solely on material gaps. However, the digital divide is perhaps the last of many, preceded by social, educational, economic, knowledge, and motivational divides. This stems from an...