Needs, the Principle of Minimum Means, and Public Goods in de Viti de Marco

2006 ◽  
Vol 28 (4) ◽  
pp. 427-438 ◽  
Author(s):  
Amedeo Fossati

Antonio De Viti de Marco is perhaps the most representative scholar at the origin of the Italian tradition in Public Finance, and his main work has been at the disposal of English-speaking economists since 1936 (De Viti de Marco 1936). However, at the time he was not particularly appreciated: his book had at the time one good and one bad review, but certainly left no mark on mainstream economic analysis. The fact is that De Viti's message was too far beyond the range of interests of Anglo-Saxon writers of the time.

2009 ◽  
Vol 59 (2) ◽  
pp. 350-372
Author(s):  
Jacques Saint-Pierre

This is the second part of a study about what could be called an economic play or drama: the deregulation of commission rates on stock exchange transactions. This article presents an economic analysis of the long-standing policy in Canada of charging minimum commission on stock transaction. The discussion draws heavily on the arguments put forward by the Montreal Exchange as a part of its recent ongoing defense of fixed commission. The arguments fall into three categories: (1) the economic approach to the analysis of the brokerage business (uncertainty in product quality) (2) the information produce by the brokerage industry are public goods because of externalities and (3) the structure of the brokerage industry. According to the Exchange's logic, the elimination of the practice of price fixing would lead to a less efficient capital market because of the reduction in the production of information and to an increase in the concentration in the brokerage business. The analysis presented in this article leads to the conclusion that the Exchange's case is faulty in terms of both its theory and its empirical proofs and that minimum commission rates on stock exchange transactions cannot be justified on economic grounds.


Author(s):  
Eda Başak Hancı-Azizoglu

The majority of scientific research in the world is published in English. The chapter expands the discussion on English as a lingua franca a step further to initiate a discussion on English as a scientific lingua franca. English as a scientific lingua franca poses a significant challenge for the non-Anglo-Saxon scholars by disregarding their data sets and research unless the research is written in academic English with culturally determined rhetorical conventions. This chapter investigates why different cultures have tendencies to write in culturally affected writing styles and forms. Toward that end, the chapter shows how the failure to give proper attention to other rhetorical styles results in losing crucial intellectual information from the non-Anglo-Saxon scholars. With this in mind, the chapter offers short-term solutions for academicians to join in the scientific world despite possible language barriers.


2016 ◽  
Vol 12 (1) ◽  
Author(s):  
Hugo A. Acciarri ◽  
Fernando Tohmé ◽  
Andrea Castellano

AbstractMainstream economic analysis of Tort Law assumes that efficiency cannot be formally assured by allocating liability according to causal apportioning. In this paper we will present some ways to escape from the full scope of this claim. We start by reviewing the standard conception of causality in the economic analysis of Tort Law, to show how some underlying assumptions influence the currently held view on the relation between causal apportioning and efficiency. Then, we revisit those assumptions to see how plausible they actually are. In the light of this discussion we introduce an alternative framework of causal reasoning in Tort Law. We will show how our model yields a way of allocating liability in terms of a causal apportioning rule. The outcomes obtained through this procedure are closer to efficiency than those prescribed by the mainstream.


2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Thomas Cauvin

AbstractAs with any other scholarship, public history has its academic journals. The two main journals are The Public Historian (USA, 1978-) and The Public History Review (Australia, 1992-). As a new-comer in the field, International Public History – the journal of the International Federation for Public History (IFPH) – symbolizes the wish to move away from a predominantly Anglo-Saxon and English-speaking public history. The creation of Public History Weekly (PHW) in 2013 was another early and significant step in this process of internationalization. PHW has published (by March 2018) 260 articles from 74 authors and 479 comments – in 13 languages. All articles – published every Thursday morning – and comments are open access. Open peer-reviewed (OPR), PHW belongs to a new format of publishing in the digital age. In September 2017, Seth Denbo was wondering “Can history accommodate modes of review and publication that would provide greater flexibility and enable nontraditional research outputs to flourish?” With 27,600 visits and 400,000 page-views per month, PHW provides some preliminary answers on what digital and international public history publishing can be.


2001 ◽  
Vol 54 (4) ◽  
pp. 504-527
Author(s):  
D. Densil Morgan

One of the axioms of modern church history in Britain is that whereas Anglo-Saxon thought was on the whole impervious to the appeal and achievement of Karl Barth, it was among the Scots alone that the Swiss theologian's theories found any real resonance and creative response. Stephen Sykes in a 1979 volume of studies in Barth's theological method, mentions the somewhat bewildered response to his publications in Britain and the United States between 1925 and the mid-1980s and goes on to say that ‘from now onwards it is in Scotland that Barth is taken with the greatest seriousness in the English speaking world’. In a later volume of centenary essays, R. H. Roberts traced the reception of the theology of Karl Barth ‘in the Anglo-Saxon world’ by quoting the evidence of such late 1920s and early 1930s figures as J. H. Morrison, John McConnachie, H. R. Mackintosh, Norman Porteous and A. J. MacDonald to claim that ‘it is clear from an early stage that enthusiasm for Barth's work … was primarily a Scottish attribute’. In another essay in the same volume, Colin Gunton contrasted the usual English attitude to Barth with that of theologians from other lands: ‘For the most part and despite exceptions’, he claimed, ‘the English find it difficult to come to terms with the theology of Karl Barth’, while in a companion volume Geoffrey Bromiley noted that this was hardly the case for theologians and pastors ‘in such diverse lands as Switzerland, Germany, France, Holland, Hungary, and Scotland’. Again and again, it is Scotland which is emphasised as being the place within the British Isles where Barth's ideals took root.


2012 ◽  
Vol 30 (1) ◽  
pp. 191-202 ◽  
Author(s):  
Richard E. Wagner

Abstract Expositions of the theory of public finance mostly assume that taxation is necessary to finance public goods because free riding prevents their provision through market arrangements. Free riding, however, is an artifact of the assumption that state is the only social option to market. Once it is recognized that civil society contains a rich array of institutions and practices that channel personal interaction, free riding recedes in significance and perhaps even disappears. Free riding is a product of a particular model of public goods and is not a universal quality of societal living together. In this respect, there is a deep similarity between cities and such entities as hotels and malls which supply public goods without taxation. This paper places the social organization of shared consumption on center stage in the theory of public finance, thereby relegating taxation to side show status.


1964 ◽  
Vol 17 (2) ◽  
pp. 199-210
Author(s):  
R. Stuart Louden

The spurious word Confessionalism is employed to describe a church's adherence to a particular tradition of doctrine and order, and the elements in that tradition which hold a group or family of churches together in a common sharing of life, worship and fellowship. The confession of faith as such is very much a Reformation phenomenon and the various particular Confessions of Faith in the sixteenth and seventeenth centuries played a large part in creating the families of churches to which we are now accustomed within Protestantism. It is by the Augsburg Confession (1530) that Lutheran church tradition is denned; the Heidelberg Catechism (1563) stamped the Continental Reformed Churches with their own particular character; the Thirty-Nine Articles (1563) were for many long years and are still officially the defining document for the Anglican Communion; and it is largely the existence of the Westminster Confession of Faith (1647) which has made it possible to identify Presbyterianism as a family of churches at least within the Anglo-Saxon world. It is true that the relation of even the English-speaking Presbyterian churches to this Confession of Faith has been greatly modified over the years, but it still provides the essential criteria for recognising one of our churches as Reformed and Presbyterian.


Author(s):  
Michael Graff

SummaryAfter conceptual clarification of “international business cycle” and a review of the literature, a new indicator is proposed. This indicator refers to two time series only and allows for an internationally comparable quantification of a country’s position in the business cycle. We then calculate times series of this indicator for 30 countries from 1970-2000. After some plausibility checks, we refer to these series to test a number of hypotheses. Cross correlations reveal a high degree of interconnectedness. Moreover, the number of highly positive correlations has increased over time, whereas the number of low and moderate correlations has decreased. A principal components analysis yields a first component that can be interpreted as the world business cycle. The further components suggest the existence of a Scandinavian-Anglo-Saxon business cycle as well as of another, smaller group of Anglo-Saxon countries that move together. This finding is replicated by a hierarchical cluster analysis, which in addition suggests a closely integrated group of non-Scandinavian and non-English speaking European countries plus Japan and Israel. Furthermore, there is indication for some, albeit weak business cycle integration in Southeast Asia and in South America. The international business cycle is thus found to have a hierarchical structure.


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