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This article builds theoretical linkages between the political mobility of local officials and the dynamic diffusion of innovation in decentralized authoritarian China. We built two datasets consistin...
This working paper provides a longitudinal perspective on the business history of solar energy between the nineteenth century and the present day. It covers early attempts to develop solar energy, the...
E-governments have been built in most countries since the Clinton administration adopted it as a strategy of ‘Reinventing Government’ in the early 1990s. Moreover, informational services of egovernmen...
Family businesses (FBs) are one of the dominant entrepreneurial forces in today's global economy. In keeping with their desire to see their business survive and prosper over the long-term, most FB ...
The ethics of business in modern Western civilization have devolved into treating issues ad hoc, with respect to practical issues only. The deeper, meta-ethical considerations, that is, not whether th...
Too many liberal arts colleges continue to spend too much time looking inward, planning too much from memory rather than from imagination, suffer from faculty hubris and indifference, and do not demon...
In this paper, the authors assert that valuable new perspectives on business practice may be gained by placing business in a professional ethics context. This paper first considers the arguments for v...
Are sources of economic rent, as defined by the prevalent business strategy paradigm, sufficient to attain and maintain superior returns? The perspective developed within the conceptual framework of t...
Introduction This paper might equally well be entitled, “Political Control and the Monetary Business Cycle.” The observations I will offer reflect 25 years of following current events and studying ...
In this article, I examine the burgeoning literature on the behavior of unregulated banking systems. The analysis of banking and money has been dubbed the “legal restrictions theory.” Many ofthe the...
Introduction F. A. Hayek developed his business cycle theory in the 1920s when he visited the United States for the first time. Let me recall that after the so-called first postwar depression of 19...
One of the important policy issues we face today is the linkage between monetary policy and the business cycle. This issue is of relevance from an economic point ofview, but I assure you it is also ...
Erratic Monetary Policy The double-digit inflation of the 1970s has given way to the moderate inflation ofthe 1980s, but monetary policy remains erratic. From early December 1985 through early Marc...
In a series of recent papers, De Long and Summers (1986, 1988) argued that “increased wage and price flexibility can easily be destabilizing because of the Mundell effect.” They also suggested that ...
Economic freedom indexes, especially the Fraser Institute/Cato Institute Economic Freedom of the World (EFW) index and the Heritage Foundation/Wall Street Journal Index of Economic Freedom, are bec...

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