Current Issue

Regulatory Trust

When regulators make decisions in the face of uncertainty, what gives legitimacy to their decisions? While trustworthy regulators may enhance social resilience, uncertainty erodes public trust and alienates citizens. This…
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The Coase Theorem and Arthur Cecil Pigou

In The Problem of Social Cost, Ronald Coase was highly critical of the work of Cambridge University Economics Professor Arthur Cecil Pigou, presenting him as a radical government interventionist. In…
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