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REFLECTIONS ON FREEDOM, FAIRNESS, AND THE CONSTITUTION
FREEDOM FAIRNESS CONSTITUTION
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2008/12/4
Freedom (with accountability) is the key to both prosperity and to
any reasonable and realistic conception of fairness. Only with entrepreneurial
freedom will the innovation required to increase pro...
ECONOMIC FREEDOM AND HUMAN WELFARE:SOME EMPIRICAL FINDINGS
ECONOMIC FREEDOM HUMAN WELFARE economic growth
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2008/11/14
When I attended graduate school in economics at Yale, one of my
professors, Henry Wallich, in 1960 published a book entitled The Cost
of Freedom. This book reflected the conventional wisdom of the t...
OFFICIAL ASSISTANCE, ECONOMIC FREEDOM,AND POLICY CHANGE:IS FOREIGN AID LIKE CHAMPAGNE?
OFFICIAL ASSISTANCE ECONOMIC FREEDOM POLICY CHANGE FOREIGN AID
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2008/11/14
Foreign aid has had, and continues to have, a multiplicity of goals.
Five decades of development assistance have provided an adequate
historical record by which to judge to what extent aid successfu...
BANKING STRUCTURES, MARKET FORCES, AND ECONOMIC FREEDOM:LESSONS FROM ARGENTINA AND MEXICO
MARKET FORCES BANKING ECONOMIC FREEDOM ARGENTINA MEXICO
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2008/11/14
The successes or failures of monetary reforms in Latin America
have depended on the financial liberalizations that accompanied them
and on the peculiarities of attendant financial regulations and pr...
ECONOMIC FREEDOM, POLITICAL FREEDOM,AND ECONOMIC WELL-BEING:A CAUSALITY ANALYSIS
ECONOMIC FREEDOM POLITICAL FREEDOM ECONOMIC WELL-BEING
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2008/11/14
In recent years, a renewed interest has been shown in trying to
further comprehend the factors that determine a country’s rate of
economic growth. This is important since a higher growth rate means
...
ECONOMIC FREEDOM AND THE EVOLUTION OF LAW
ECONOMIC FREEDOM EVOLUTION private property rights
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2008/11/14
Lon Fuller (1964: 30) defines law to be ‘‘the enterprise of subjecting
human conduct to the governance of rules.’’ The key components of
economic freedom arise through such an enterprise when instit...
THE IMPACT OF CHINA’S WTO ACCESSION ON CAPITAL FREEDOM
World Trade Organization CAPITAL FREEDOM factor markets
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2008/11/11
The World Trade Organization focuses primarily on exchanges
among nations of goods and services — i.e., the outputs of firms and
households. Capital is, of course, a factor of production, which mean...
INSTITUTIONAL DISTORTIONS, ECONOMIC FREEDOM, AND GROWTH
ECONOMIC FREEDOM growth theory
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2008/11/10
Two developments in the 1980s revived interest in growth theory
and modified the way most economists study the determinants of
growth. First, the contributions by Romer (1986) and Lucas (1988)
laun...
ECONOMIC DEVELOPMENT AND FREEDOM:THE LEGACY OF PETER BAUER
ECONOMIC DEVELOPMENT FREEDOM Market Revolution
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2008/11/10
A Hero of the Market Revolution
The death of Peter Bauer on May 2, 2002, at 86 years old, marked
the passing of a great economist and a hero of the market revolution
that has been sweeping the glob...
ECONOMIC FREEDOM AND CONFLICT REDUCTION:EVIDENCE FROM THE 1970S, 1980S, AND 1990S
ECONOMIC FREEDOM CONFLICT REDUCTION economic policy
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2008/11/10
The last three decades have witnessed an unprecedented expansion
of market-based reforms and the profusion of economic freedom in
the international system. This shift in economic policy has sparked ...
ECONOMIC FREEDOM AND GROWTH:THE CASE OF THE CELTIC TIGER
ECONOMIC FREEDOM GROWTH CELTIC TIGER
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2008/11/10
Ireland was one of Europe’s poorest countries for more than two
centuries. Yet, during the 1990s, Ireland achieved a remarkable rate
of economic growth. By the end of the decade, its GDP per capita
...
ENTRENCHING ECONOMIC FREEDOM IN AFRICA
ECONOMIC FREEDOM economic growth development
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2008/11/9
In the 1950s and 1960s, many Africans believed that independence
would change prospects for rapid economic growth and development.
ECONOMIC GROWTH AND FREEDOM:A CAUSALITY STUDY
ECONOMIC GROWTH FREEDOM CAUSALITY STUDY
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2008/11/9
Each year the Fraser Institute and the Heritage Foundation (in
conjunction with the Wall Street Journal) publish indexes of economic
freedom, while the Freedom House publishes an index of
politic...
THE CONTRIBUTION OF ECONOMIC FREEDOM TO WORLD ECONOMIC GROWTH, 1980–99
ECONOMIC FREEDOM CONTRIBUTION WORLD ECONOMIC GROWTH
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2008/11/9
Since 1986, a group of researchers associated with the Fraser Institute
have focused on the definition and measurement of an internationally
comparable index of economic freedom (Easton and
Walker ...
POLITICAL FREEDOM AND THE STABILITY OF ECONOMIC POLICY
POLITICAL FREEDOM ECONOMIC POLICY STABILITY
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2008/11/7
Most of the regime shifts in democracies occur through the electoral
defeat of the incumbents, while most dictatorships relinquish
power only through violence. Democracy requires consent of the
cit...