Has progress a future?

Despite the scepticism of some about the possibility of progress being sustained, progress does remain possible if there is a wise balance struck between the interactions of material and social/individual change. Forecasting and planning within an appropriate policy framework, together with appropriate educational and industrial policies, can assist in attaining beneficial progress based on scientific and technological opportunity. There are dangers in drift and some common vision of the future is needed, although our expectations must be tempered by awareness of, and willingness to overcome pitfalls.     

German income tax reform. A simulation model

An independent commission on tax reforms and the Federal Ministry of Finance had been working for some time on basic changes of the German tax system. Their suggestions recently have been published (Bericht, 1971) just as many other proposals for tax reform from various experts, organizations, and political parties. Yet, compared with the Report (1966) of the Royal Commission on Taxation of Canada (Carter Commission) the German reform plans are less comprehensive and fundamental than the thorough economic analysis in the six volumes of the Carter Report.     

Die österreichische Kapitaltheorie und ihre Wiedergeburt in der modernen Wirtschaftswissenschaft

Ohne Zusammenfassung     

How far is how far enough? Safety perception and acceptance of extra-high-voltage power lines in Germany

The results of a 2?×?2 factorial online experiment are reported. The first factor refers to the information on precautionary measures and the second factor on the information regarding the share of EMF exposure from extra-high-voltage power lines compared to overall EMF exposure measured in-house. The study is based on a community sample of 440 subjects. Information on the share of EMF exposure from extra-high-voltage power lines at the in-house overall EMF exposure has no statistically significant effect of safety distances and acceptance distances. Further findings indicate that communications of precautionary measures produce a countervailing effect: on average, subjects require a higher distance from their homes compared to those who were not informed about precautionary measures. However, there is also a positive effect of precautionary information on the acceptance belief. Subjects who received this information are, in average, less negative about the claim that compliance with the value limit is sufficient in order to agree with the construction of a power line. Possible explanations of the findings such as cognitive dissonance, negativity bias, and style of information processing are discussed.     

Investment liberalisation and firm selection process: A welfare analysis from a host-country perspective

We set up a theoretical model to analyze the implications of coordination of immigration policies among destination countries. The model contains two types of spillovers between destination countries: a terms-of-trade externality and a welfare-policy externality. We show that while coordination unambiguously increases welfare of the destination countries, the effects on the level of immigration and on the income distribution of natives are ambiguous. Thus, coordination among destination countries does not necessarily solve the global coordination problem of inoptimally low levels of migration.