The venal origins of development in Spanish America

Venal Origins is a comparative and historical study of the roots of spatial inequalities in Spanish America. The book focuses on the Spanish colonial administration and the 18th-century practice of office-selling-where colonial positions were exchanged for money-to analyze its lasting impact on local governance, regional ...

Persecution and toleration

the long road to religious freedom

Religious freedom has become an emblematic value in the West. Embedded in constitutions and championed by politicians and thinkers across the political spectrum, it is to many an absolute value, something beyond question. Yet how it emerged, and why, remains widely misunderstood. Tracing the history ...

Humanomics

moral sentiments and the wealth of nations for the Twenty-First Century

While neo-classical analysis works well for studying impersonal exchange in markets, it fails to explain why people conduct themselves the way they do in their personal relationships with family, neighbors, and friends. In Humanomics, Nobel Prize-winning economist Vernon L. Smith and his long-time co-author Bart ...

Public entrepreneurship, citizenship, and self-governance

In this book Paul Dragos Aligica revisits the theory of political self-governance in the context of recent developments in behavioral economics and political philosophy that have challenged the foundations of this theory. Building on the work of the 'Bloomington School' created by Nobel Laureate Elinor ...

Political capitalism

how economic and political power is made and maintained

Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political ...