Die vorliegende Auswertung im Auftrag von Oxfam Deutschland e. V. und dem Netzwerk Steuergerechtigkeit zeigt anhand einer Reihe von Modellhaushalten beispielhaft auf, wie hoch die Steuerbelastung in der Schweiz für reiche und sehr reiche Steuerzahler ist, und wie diese im Vergleich zu einer...

Die vorliegende Auswertung im Auftrag von Oxfam Deutschland e. V. und dem Netzwerk Steuergerechtigkeit zeigt anhand einer Reihe von Modellhaushalten beispielhaft auf, wie hoch die Steuerbelastung in der Schweiz für reiche und sehr reiche Steuerzahler ist, und wie diese im Vergleich zu einer...

Die Finanzentscheidungen der österreichischen Haushalte2 waren 2023 stark von den wirtschaftlichen Rahmenbedingungen geprägt, insbesondere vom Zinsumfeld und von der hohen Inflation. Vorläufige Daten zur Geldvermögensbildung im Jahr 2023 zeigen, dass zinsbedingt vor allem gebundene Einlagen...

The article examines the peculiarities of the exercise of freedom of contract and freedom of entrepreneurial activity by state-owned enterprises in the USSR under the conditions of the state monopoly in the production of property goods, planned regulation of production and administrative-command...

Biographical note: Carsten Herrmann-Pillath is Professor and Permanent Fellow at the Max Weber Centre for Advanced Cultural and Social Studies, University of Erfurt and a principal researcher at the COEVOLVERS project.

Commonsense wisdom holds that legal protection of private property rights is essential for economic growth. China presents a “puzzle” for commonsense wisdom. Scholars agree that China achieved tremendous growth in the past 40 years―without formal property law, and more specifically,...

Intellectual property law is not prepared for a world where non-humans create significant inventions, music, literature, and art. Generative artificial intelligence’s ability to produce valuable properties without attributable authorship defies the theories of ownership that underlie modern...

From public lands to beaches and to data, our society is rich with resources purposefully kept in the public domain. Common resources provide profound economic, social, and democratic value to individuals, communities, and society as a whole. These, however, depend on the public’s ability to...

This paper examines the dynamic connections between local wealth inequality and the local politics of property rights within a federal system. We model a jurisdiction comprising a politically dominant in-group and a marginalized out-group. At each date, the jurisdiction tries to redistribute...

It is generally stated that the fractional-reserve banking system (FRBS) is consistent with sustainable economic growth and development. While it assumes that depositors will not be a joint demand who will claim all their money simultaneously, it supposes that a monetary aggregate greater than...

In der vorliegenden Arbeit wird eine normative Analyse und Verteidigung der Erbschaftssteuer unternommen. Zunächst wird eine egalitaristische Argumentation für die Steuer entfaltet. Aufgrund ihrer progressiven Struktur ist die Erbschaftssteuer ein geeignetes Instrument, um der wachsenden...

Germany is known for its family-owned businesses that transfer ownership across generations. However, business owners in Germany increasingly envision selling their business beyond the family, which fundamentally changes the institutionalized way private ownership of businesses is transferred....

Seminal theories of the firm posit that firm ownership is allocated to minimize contractual inefficiencies. Yet, it remains unclear how much the optimal ownership choice affects firm performance in practice. This paper provides a first quantification of the gains from optimal ownership within...

Following Mises’s foundational paper, ‘Economic Calculation in the Socialist Commonwealth’, first published in 1920, writers in the Austrian tradition have argued that socialism is impossible, because under socialism there would be no private property in the means of production, and...

How should the law treat digital remains, namely, digital personal information of deceased people? Two rival conceptions compete over the best framing: property and privacy. Under property framing, digital remains are just another form of assets, subject to succession law; under privacy framing,...

We analyze the effects of different types and concentration of ownership on performance using a population of firms in a model transition economy after mass privatization. Specifications based on first-differences and unusual instrumental variables show that contrary to conventional wisdom, the...

Montero (2022) explores a discontinuity in a land reform in El Salvador and reports two main findings. First, relative to outside-owned haciendas operated by contract workers, the productivity of worker-owned cooperatives is higher for staple crops and lower for cash-crop. Second, cooperative...

"Extremer Reichtum ist eines der größten Übel unserer Zeit." Sebastian Klein ist durch den Verkauf der App Blinkist über Nacht Multimillionär geworden - und hat daraufhin 90 Prozent seines Vermögens abgegeben. Denn er ist überzeugt, dass großer Reichtum unserer Gesellschaft schadet. In...

As the use of fracking has spread during the recent oil and gas boom, inevitable conflicts have arisen between industry and its neighbors, particularly as fracking has moved into densely populated urban and suburban areas. Concerned over the impacts of fracking – such as risks to health and...

The state’s imposition of compulsory terms in property relations—such as habitability warranties binding landlords and tenants and minimum wages binding employers and employees—has long been conceived by analysts generally situated on the political right as an affront to individual freedom...

Die Rechtslage ist unklar und in ihrer Komplexität schwer zu entwirren. Diese Dissertation gibt Antworten und neue Impulse für die einkommensteuerrechtliche Behandlung von Optionsgeschäften. Das Werk hilft dem Rechtsanwender und vertieft das Verständnis des geltenden Einkommensteuerrechts...

Transitional justice is the study of those mechanisms employed by communities, states and the international community to deal with a legacy of systematic human rights abuses and authoritarianism in order to promote social reconstruction. There is a well developed transitional justice literature...

This Chapter, forthcoming in The Routledge Handbook on Property, Law and Society, the maps the intertwinement, mutual construction, and dependence of “property” and “race” with each other. The discussion examines three dimensions of property which demonstrate the socio-cultural,...

Property is more than domestic. It is international, transnational, and global. Its reach, its consequences, and its ideas can rarely be theorized effectively or contained entirely within national borders. It is produced through encounters between actors from multiple jurisdictions, and by law...

Under the context of a dynamic oligopoly model of entry and exit with two firms, we analytically derive a set of sufficient conditions for deterrence-motivated entry. In particular, the conceptual framework we present yields a set of testable hypotheses that can be conducted using inferred...

The law of innovation balances private returns on investment against benefits to the public. Increasing intellectual property’s profitability acts as an inducement to spend money on research and testing, but threatens to increase costs to the public both directly and in terms of reduced...

We study public persuasion in elections, in which a monopoly designer or multiple competing designers attempt to influence the election outcome by manipulating public information about a payoff relevant state. We allow for a wide class of designer preferences, ranging from pursuing pure...

This Article examines property law’s effect on economic inequality, particularly centered on Thomas Piketty’s findings in Capital in the Twenty-First Century. Piketty finds that when the rate of return on capital is greater than economic growth, capital concentrates among the wealthy,...

This article argues that a liberal theory of property rights can help us resolve a century old debate about a foundational aspect of the trust, namely, the nature of the beneficiary’s interest. According to orthodoxy, the beneficiary has a (weak form) of proprietary right to the trust res. But...

Book review of: Ruiqiao Zhang, A Better Understanding of Common Law Ownership of Trust Property and its Introduction in China Through Comparative Studies. Guangzhou: World Publishing Guangdong Co Ltd, 2019

Property law has a boundary problem. Courts are routinely called upon to decide whether certain kinds of things can be owned—cells, genes, organs, gametes, embryos, corpses, personal data and more. Under prevailing contemporary theories of property law, questions like these have no justiciable...

Different concentrations of Ce3+ -doped TeO2-WO3-GeO2-Ce2O3 (TWGCe) glasses were prepared by melt-quenching method and characterized. The spectroscopic and luminescence properties were evaluated using room temperature absorption and emission spectra. The absence of sharp x-ray diffraction peaks...