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1 – 10 of 183
Book part
Publication date: 1 January 2004

Bruce L. Benson

Mises (1949[1963], p. 692) explains that market-failure justifications for state actions, such as economic regulation “ascribe to the state not only the best intentions but also…

Abstract

Mises (1949[1963], p. 692) explains that market-failure justifications for state actions, such as economic regulation “ascribe to the state not only the best intentions but also omniscience.” He then points out that neither assumption is valid: government is not benevolent since both, those who are employed by the state and those who demand state actions, have subjective self-interests, and it is not all knowing since knowledge is widely dispersed and the cost of coordination is infinitely high, particularly without market profits and prices as coordinating mechanisms. Furthermore, Mises suggests that dropping either assumption undermines the conclusions that state intervention is necessarily desirable even if some sort of market failure is actually identified. Austrian economists in the Mises tradition have tended to focus on the knowledge problem in their challenges to regulation, however. Many Austrians obviously recognize the interest problem, of course, but they often assume it away in order to illustrate that government interference with markets is not desirable even if it is well intended. In contrast, public-choice analysis tends to focus on the interest problem as source of government failure, although some public-choice analysts also obviously recognize the knowledge problem. Indeed, this difference in perspective is so pronounced that Ikeda (1997, p. 240) explicitly distinguishes between Public Choice and Austrian political economy by suggesting that the Austrian approach assumes benevolence on the part of government officials, while the public-choice approach assume narrow interests.1 Ikeda (1997, p. 150) also suggests that the separation of these two approaches is justified because “Austrian political economy and public choice are each capable of standing on their own [so] public-theorists…find it optimal simply to continue to pursue their research along the line of either the former or the latter approaches.” The following presentation questions this assertion. Instead, both assumptions should be dropped, and the resulting integrated Austrian-public-choice model should be expanded to include assumptions about the relationships between regulations, property rights security, and both market and political behavior.2

Details

The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy
Type: Book
ISBN: 978-0-76231-053-1

Article
Publication date: 1 March 2005

Walter Block and William Barnett

This paper argues that laissez faire capitalism is the last best hope for mankind. That if the human race is to survive and prosper, put an end to starvation, hopelessness and…

Abstract

This paper argues that laissez faire capitalism is the last best hope for mankind. That if the human race is to survive and prosper, put an end to starvation, hopelessness and unemployment, then we must embrace private property rights, the rule of law and free enterprise. No longer should “profits” be a dirty word.

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Humanomics, vol. 21 no. 3
Type: Research Article
ISSN: 0828-8666

Article
Publication date: 1 February 2004

Roy Whitehead and Walter Block

In the aftermath of the Enron scandal, the critics of free enterprise have blamed this system for inflated and out of control executive salaries, particularly those of the chief…

Abstract

In the aftermath of the Enron scandal, the critics of free enterprise have blamed this system for inflated and out of control executive salaries, particularly those of the chief executive officer (CEO). The present paper defends the marketplace against these charges. In section I we argue that the market has passed the Enron test with flying colors. Section II gives the background of the financial situation relating to CEO salaries. Sections III and IV are devoted to, respectively, the tax court and the appellate court; section V looks at the reaction of the former to the latter; and in section VI we defend the “independent investor” test. We look at this issue from a political economic perspective in section VII and conclude in section VIII.

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Managerial Finance, vol. 30 no. 2
Type: Research Article
ISSN: 0307-4358

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Content available
Book part
Publication date: 1 January 2004

Abstract

Details

The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy
Type: Book
ISBN: 978-0-76231-053-1

Book part
Publication date: 1 January 2004

Abstract

Details

The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy
Type: Book
ISBN: 978-0-76231-053-1

Book part
Publication date: 1 January 2004

Peter Kurrild-Klitgaard

In almost all aspects of social life government intervention seems much more pervasive and intrusive today than ever before – at least in many of the Western countries…

Abstract

In almost all aspects of social life government intervention seems much more pervasive and intrusive today than ever before – at least in many of the Western countries. Governments seem year by year to consume still more resources and to regulate the details of the actions and interactions of their citizens still further.

Details

The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy
Type: Book
ISBN: 978-0-76231-053-1

Book part
Publication date: 26 August 2019

Lee Webster and Andrew Whitworth

Purpose – This chapter contributes to the development of informed learning pedagogy by examining its innately political character. Through examining issues of power that arise in…

Abstract

Purpose – This chapter contributes to the development of informed learning pedagogy by examining its innately political character. Through examining issues of power that arise in a particular educational setting, the aim is to illuminate how power (and resistance to it) needs to be carefully considered by practitioners who engage with informed learning pedagogy.

Theoretical Approach – Foucault’s view of power, defining it as something that can be both generative and repressive, and which works only in combination with resistance to this power, is specifically drawn on to illuminate how dialogues between students give rise to changed information practices.

Design – Twenty groups of learners, each of five to seven students, engaged in a series of three complex informed learning activities, and generated extensive datasets as they recorded their dialogues to online discussion boards within the Blackboard course management system used on a postgraduate course in educational technology. These data were supplemented by interviews with a number of students and the course tutor.

Findings – The information practices of the groups developed in different ways depending on a number of factors consistent with informed learning. Students were motivated by achieving high grades, and data reveal that students respond to surveillance from teaching staff and each other by communicating outside of the official discussion board space. This is illuminating because by resisting power in this way students develop new practices that are specifically relevant to their group, and shows how dominant power and resistance to it help develop facets of informed learning.

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Informed Learning Applications: Insights from Research and Practice
Type: Book
ISBN: 978-1-78769-062-2

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Article
Publication date: 13 November 2017

Latisha Reynolds, Amber Willenborg, Samantha McClellan, Rosalinda Hernandez Linares and Elizabeth Alison Sterner

This paper aims to present recently published resources on information literacy and library instruction providing an introductory overview and a selected annotated bibliography of…

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Abstract

Purpose

This paper aims to present recently published resources on information literacy and library instruction providing an introductory overview and a selected annotated bibliography of publications covering all library types.

Design/methodology/approach

This paper introduces and annotates English-language periodical articles, monographs, dissertations and other materials on library instruction and information literacy published in 2016.

Findings

The paper provides information about each source, describes the characteristics of current scholarship and highlights sources that contain unique or significant scholarly contributions.

Originality/value

The information may be used by librarians and interested parties as a quick reference to literature on library instruction and information literacy.

Details

Reference Services Review, vol. 45 no. 4
Type: Research Article
ISSN: 0090-7324

Keywords

Content available
Book part
Publication date: 12 October 2018

Abstract

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Quality Services and Experiences in Hospitality and Tourism
Type: Book
ISBN: 978-1-78756-384-1

Book part
Publication date: 26 August 2019

Shelley Woods and Kathleen Cummins

Christine Bruce (2008, Preface) has written extensively about informed learning. Informed learning is “using information, creatively and reflectively, in order to learn.” Bruce…

Abstract

Christine Bruce (2008, Preface) has written extensively about informed learning. Informed learning is “using information, creatively and reflectively, in order to learn.” Bruce writes about informed learning as it relates to information literacy. Librarians, working collaboratively with professors, often develop research guides to teach information literacy skills, and to organize and present program, course, assignment, or topic-specific resources. Research is essential to documentary filmmaking. This chapter is a case study that describes how the History of Non-fiction Film Research Guide that we created aligns with the three principles and seven faces of informed learning.

Details

Informed Learning Applications: Insights from Research and Practice
Type: Book
ISBN: 978-1-78769-062-2

Keywords

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