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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主要作者: Otáhal, Tomáš (Author)
格式: 電子 Article
語言:English
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Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
出版: 2014
In: Journal of business ethics
Year: 2014, 卷: 119, 發布: 3, Pages: 399-404
Further subjects:B Economic calculation
B Corruption
B Austrian school
B Rent-seeking
在線閱讀: Volltext (JSTOR)
Volltext (lizenzpflichtig)
實物特徵
總結: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
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-013-1646-x