Mises, Hayek and Corruption

Using the arguments of Ludwig von Mises and Friedrich August von Hayek, I argue that private ownership solves the economic problem of corruption. Since private ownership discourages entrepreneurs from rent-seeking, and privately owned media provide objective and unbiased information to citizens, any...

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Главный автор: Otáhal, Tomáš (Автор)
Формат: Электронный ресурс Статья
Язык:Английский
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Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Опубликовано: 2014
В: Journal of business ethics
Год: 2014, Том: 119, Выпуск: 3, Страницы: 399-404
Другие ключевые слова:B Economic calculation
B Corruption
B Austrian school
B Rent-seeking
Online-ссылка: Volltext (JSTOR)
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Итог:Using the arguments of Ludwig von Mises and Friedrich August von Hayek, I argue that private ownership solves the economic problem of corruption. Since private ownership discourages entrepreneurs from rent-seeking, and privately owned media provide objective and unbiased information to citizens, any legal reform establishing and enforcement of private ownership also solves the corruption problem.
ISSN:1573-0697
Второстепенные работы:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-013-1646-x