{"title":"Some reflections on Hardin's property rights solution to the tragedy of the commons","authors":"Lawrence W C Lai","doi":"10.1111/ecaf.12696","DOIUrl":"https://doi.org/10.1111/ecaf.12696","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"140-146"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389337","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Key lessons learned from food insecurity during the COVID-19 pandemic in Arab countries","authors":"Suzan Abdel-Rahman, Mohamed R Abonazel","doi":"10.1111/ecaf.12683","DOIUrl":"https://doi.org/10.1111/ecaf.12683","url":null,"abstract":"<p>This article aims to provide a comprehensive understanding of the main drivers of food insecurity in five understudied Arab countries in the Middle East and North Africa (MENA) region (Egypt, Tunisia, Jordan, Sudan, and Morocco) during the COVID-19 pandemic. Unlike previous studies, this article explains the lessons learned from the pandemic to inform appropriate responses to any future crises. The study used the Combined COVID-19 MENA Monitor Household Survey (CCMMHH), compiled by the Economic Research Forum in 2020–21. To determine the key factors affecting food insecurity, multivariate regression with fixed effects for waves and administrative zones was employed to capture the unobservable factors. Permanent and temporary loss of jobs and decrease in wages were identified as significant independent risk factors for experiencing food insecurity. Work characteristics played a significant role in shaping food security in the surveyed Arab countries. The pandemic has highlighted the social groups whose food security must be protected to achieve economic stability in light of such crises.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"100-122"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Money in the twenty-first century: Cheap, mobile, and digital By Richard Holden. University of California Press. 2024. pp. 232. £24.00 (hbk). ISBN: 978-0520395268. £21.54. (Kindle ebk). ISBN: 978-0520395275","authors":"Susanna Booth","doi":"10.1111/ecaf.12693","DOIUrl":"https://doi.org/10.1111/ecaf.12693","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"167-169"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389362","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Hegel on the right to private property","authors":"Benedikt Koehler","doi":"10.1111/ecaf.12682","DOIUrl":"https://doi.org/10.1111/ecaf.12682","url":null,"abstract":"<p>Canons of liberal classics exclude the work of G. W. F. Hegel. Hegel's approach to the right to own private property, however, reflected his reading of James Steuart and of Adam Smith, and certain questions raised in Law and Economics urge reading anew Hegel on property.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"92-99"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143388967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Catholic social thought, the market and public policy: Twenty-first century challenges Edited by Philip Booth and André Azevedo Alves. St Mary's University Press. 2024. 302 pp. £40.00 (hbk). ISBN: 978-1916786004. £28.00 (ebk). ISBN: 978-1916786028","authors":"Robert C B Miller","doi":"10.1111/ecaf.12657","DOIUrl":"https://doi.org/10.1111/ecaf.12657","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"165-166"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389361","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"No one left: Why the world needs more children By Paul Morland. Forum. 2024. pp. 272. £20.00 (hbk). ISBN: 978-1800754102. £12.99 (pbk). ISBN: 978-1800754126. £13.45 (ebk). ISBN: 978-1800754119","authors":"Charles Amos","doi":"10.1111/ecaf.12692","DOIUrl":"https://doi.org/10.1111/ecaf.12692","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"170-172"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"What's ideological about limited government?","authors":"Christian Bjørnskov","doi":"10.1111/ecaf.12689","DOIUrl":"https://doi.org/10.1111/ecaf.12689","url":null,"abstract":"<p>The findings in the literature on the influence of government ideology on economic freedom are mixed. How to aggregate or disaggregate measures of limited government is an open question and causality remains a problem in most studies. This article employs data on government spending and regulation using a new disaggregation scheme developed by Ryan Murphy, and employs a causal strategy relying on comparing general results with results after close elections. The empirical findings indicate that government investment and ownership are affected by government ideology while a statistically significant association with government spending probably reflects the reverse causal direction.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"2-16"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389363","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The care dilemma: Caring enough in the age of sex equality By David Goodhart. Forum. 2024. pp. 256. £25.00 (hbk). ISBN: 978-1800753617. £12.99 (pbk). ISBN: 978-1800753631. £11.99 (Kobo ebk). ISBN: 978-1800753624","authors":"Annabel Denham","doi":"10.1111/ecaf.12697","DOIUrl":"https://doi.org/10.1111/ecaf.12697","url":null,"abstract":"","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"162-164"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389360","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Can machine learning reduce volatility in electricity markets? Lessons from the economic calculation debate","authors":"Fuat Oğuz, Mustafa Çağrı Peker","doi":"10.1111/ecaf.12686","DOIUrl":"https://doi.org/10.1111/ecaf.12686","url":null,"abstract":"<p>The knowledge problem and volatility in electricity markets have long been central to policy debates in energy markets. This study examines the successes and limitations of machine learning in addressing these issues, contributing to the existing literature. Machine learning has shown promise in tackling specific technical aspects of power markets, but its shortcomings in forecasting customer behaviour and managing decentralised, renewable-driven systems highlight the need for further refinement. While machine learning offers potential in reducing certain aspects of market volatility, it is not a comprehensive solution to the broader challenges faced by the electricity market.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"62-77"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389336","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of the Medicaid expansions on heart disease mortality in the United States: A county-level analysis","authors":"Grady King, Srinivas Palanki","doi":"10.1111/ecaf.12685","DOIUrl":"https://doi.org/10.1111/ecaf.12685","url":null,"abstract":"<p>Despite the significant changes that the Affordable Care Act (ACA) has made to the US healthcare system since 2010, little statistical analysis of its impact on the deadliest chronic diseases has been made. County-level data from the United States is used in conjunction with difference-in-difference models to isolate the effect of the Affordable Care Act on preventable deaths due to heart disease. Our national causal inference analysis found a significant decrease of preventable heart disease mortality due to the Medicaid expansions.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 1","pages":"78-91"},"PeriodicalIF":1.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143389339","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}