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We examine whether free-speech protections influence corporate environmental performance. Using the staggered enactment of U.S. anti-SLAPP statutes in a stacked difference-in-differences design from 1990 to 2019, we find that these laws significantly reduce firms’ toxic emissions without curbing economic activity. Anti-SLAPP enactments also promote environmental investment through green innovation, abatement spending, and waste reduction management, and strengthen governance via improved sustainability oversight, ESG-linked executive pay, employee training, and supply chain management. The effects are stronger when stakeholder monitoring is stronger and when managerial incentives embed sustainability goals. Overall, free-speech protections generate powerful environmental benefits.
This paper analyzes the economic impact of plant-parasitic nematodes in the U.S. potato industry, focusing on how both unanticipated and anticipated yield losses affect producer decisions, market outcomes, and welfare. We use a modified Cournot model and estimate a system of supply and demand equations using Three-Stage Least Squares (3SLS). We simulate scenarios to measure how varying levels of nematode infestation influence producer profits and consumer surplus in the short-run and the long-run. Simulations suggest that reducing nematode damage could yield substantial gains in output and consumer welfare particularly in concentrated markets where strategic producer behavior amplifies these effects. Our findings underscore the need to account for both biological uncertainty and market structure when evaluating pest impacts and designing policy responses.
This chapter considers how academic economics undermines democracy and development. It begins by exploring the history of the subdiscipline of development economics, highlighting its birth in efforts to help the ‘Third World’ free itself from ‘backwardness’ and then its evolution, often mirroring broader shifts in economics and politics up to the present. The chapter argues that academic economics has become focused on internal explanations for the poor economic performance of low-income countries, such as corruption. As a result, it tends to suggest interventions that focus on the symptoms and not root causes, which would require an analysis that incorporates how history and power have reproduced structural inequalities. Randomised control trials are currently the method in vogue in development economics and its application is presented as exemplifying the above. Here the book suggests that the whole framework of development and underdevelopment is rooted in a colonial world view. This has been a mechanism through which ideas and values from the US and Europe have been imposed on other parts of the world through the internationalisation of neoclassical economics traced in Chapter 2. Rather than a single pathway predetermined by economists and powerful countries, economic development must have principles of democracy and self-determination at its core, and be led by the people who are doing it so that it reflects their needs, priorities, values, and culture.
In high-dimensional (HD) sparse linear regression, parameter selection and estimation are addressed using a constraint $l_0$ on the direction of the parameter vector. We begin by establishing a general result that identifies this direction through the leading generalized eigenspace of specific measurable matrices. Using this result, we propose a novel approach to the selection of the best subsets by solving an empirical generalized eigenvalue problem to estimate the direction of the HD parameter. We then introduce a new estimator based on the RIFLE algorithm, providing a non-asymptotic bound for the estimation risk, minimax convergence, and a central limit theorem. Simulations demonstrate the superiority of our method over existing $l_0$-constrained estimators.
Chapter 8 turns to the future by exploring how the organisation of our modern economies has driven two of the biggest global crises the world faces: pandemics and climate and ecological breakdown. It is demonstrated that structural economic inequalities play a significant role in determining who lives and who dies in these crises.The book concludes that our modern economies are unjust, illegitimate, and destructive. This is particularly harmful for those who are deprived of the resources needed to secure a basic standard of living, but ultimately it harms us all. Transformational economic systems change is necessary to address the ecological crisis and the systemic inequality that is embedded deeply into our economies, both of which are tearing our world apart. In the past few years, young people and other climate activists across generations worldwide have taken part in the school climate strikes. They call for justice for those who have been the most affected by climate change and clearly identify unequal and racialised dimensions of this within and between countries. They also highlight the importance of centring the voices of Black, Brown and Indigenous People, who for centuries have been resisting the systems that eventually led us to this situation today. The book ends by calling to create economies that are built on regeneration and care, not extraction from people or the planet. To achieve this, we must all do battle where we are standing to reclaim economics for racial justice, gender equality, and future generations.
A large body of literature examines the drivers of individual attitudes towards international trade policies. This article contributes to this literature by exploring the role of border regions across the European Union (EU). Border regions offer a unique context for examining trade attitudes. Residency in either EU, non-EU, or maritime borders generates differential impacts on individuals’ support for distinct trade policies. Focusing on attitudes towards import duties and EU trade agreements, this article demonstrates that individuals in non-EU borderlands and maritime border regions are particularly supportive of lowering import duties, whereas support for extra-EU trade agreements is largely uniform across regions, with only a modest positive tendency among maritime residents. Broader sentiment on trade shows limited regional differences, chiefly between EU-border and non-EU-border residents. Including a battery of control variables drawn from the literature, the article leverages individual-level data at the most fine-grained level available in the EU to explore these dynamics relying on several regression models. This article speaks to both the literature on trade attitudes and border studies by offering a conceptualization of borders that distinguishes between EU borders, non-EU borders, and maritime borders, each of which has distinct implications for individuals’ trade attitudes.
The incorporation of algorithmic systems into organizations is reconfiguring decision-making processes and raising new ethical challenges related to transparency, impartiality, and accountability. This study maps the field of algorithmic ethics in organizational contexts through a co-citation–based bibliometric analysis of 1,437 Web of Science publications (search conducted on August 20, 2025). The analysis identifies 12 thematic clusters and reveals a robust intellectual structure, with high modularity (Q = 0.726) and a high weighted mean silhouette value (S = 0.894). The findings highlight the centrality of algorithmic management, responsible artificial intelligence, and explainability, as well as bridging works that connect technical, normative, and management-oriented perspectives. The study advances an integrative conceptual model and a future research agenda that point to the emergence of algorithmic ethics as an institutional logic of organizational governance. For managers, the results underscore the need to embed algorithmic ethics within organizational decision-making and control systems.
Researchers have struggled to identify heirs’ property (HP) via the use of real estate records for years. This paper evaluates seven distinct methodological approaches to identify HP using CoreLogic’s national property database. We find minimal convergence among these algorithms, with different methods flagging largely non-overlapping sets of properties. Certain approaches show promise – particularly in identifying properties with characteristics consistent with documented HP patterns. The lack of agreement across methods, however, makes estimating the prevalence of HP difficult. Several paths exist forward to identify HP such as adding extra property characteristics into existing algorithms, developing more sophisticated algorithms, and establishing protocols for cross-jurisdictional validation.
Applying the New Entrepreneurial History framework, this paper examines how ArcBest Corporation, an integrated logistics firm based in Fort Smith, Arkansas, became the last legacy less-than-load (LTL) carrier operating in the United States. It argues that the firm’s enduring viability is partially the product of an internal distributed agency among executives over a century that involved continual entrepreneurial processes: Envisioning and valuing opportunities informed by the multiplicative form of values, strategically reallocating and reconfiguring resources, and legitimizing novelty to stakeholders in response to profound market and regulatory shifts. These entrepreneurial processes, paired with the company’s commitments to a unionized labor force, informed executives’ strategic decisions that transformed the carrier from a regional hauler into a national, technologically sophisticated, integrated logistics provider. In applying the new entrepreneurial history to ArcBest, it considers how entrepreneurial opportunities are enacted within the context of a single firm over time.
This article is based on comments that I submitted to the Office of Management and Budget (OMB) as one of eight peer reviewers of OMB’s 2023 draft revisions to Circular A-4, “Regulatory Analysis.” Since that time, OMB issued a final version of Circular A-4, which was then rescinded in January 2025. This article summarizes some of my main comments on the 2023 draft version that I submitted as a peer reviewer, along with a “prologue” that summarizes some of the main issues raised in my peer review and an “epilogue” recognizing both the initial revision of Circular A-4 that was initially adopted, as well as the 2025 decision to rescind the revised version and return to the 2003 version of the circular. The 2003 Circular continues to provide useful guidance, but could have been improved by expanding the scope of regulatory impact analysis in ways discussed in my peer review comments.
Traditional leadership theories often portray influence as stable traits or behaviors, yet complex organizations require leadership to be understood as an emergent, feedback-driven process that co-evolves with contextual demands and follower motivation. This study conceptualizes servant leadership as a nonlinear, adaptive process rather than a fixed style, integrating Complexity Leadership Theory with the Job Demands Resources model and Regulatory Focus Theory. Servant leadership is theorized as an enabling mechanism through which shifting job demands and resources are translated into employees’ promotion and prevention orientations, shaping person-job fit, satisfaction, intrinsic motivation, initiative, and experienced responsibility. Using a two-phase longitudinal design, Phase 1 tested simple and serial mediation with structural equation modeling, and Phase 2 employed a cross-lagged panel model to examine reciprocal feedback dynamics. Results support a four-path process in which servant leadership differentially activates promotion and prevention focus and participates in ongoing feedback loops.
Sustainability transitions are crucial for addressing our most urgent environmental and societal challenges. This volume offers a clear and accessible introduction to key concepts, theories, and approaches to this rapidly evolving field. Readers will gain insights into the foundational approaches to sustainability transitions research, as well into the impact of power dynamics, politics, diverse actors, and geography on how transitions develop and unfold. Bringing together contributions from over sixty leading and up-and-coming scholars, this volume bridges disciplinary boundaries to examine how sustainable systems emerge and evolve. Designed for both newcomers and experienced professionals, this book serves as a foundational reference for understanding sustainability transitions and navigating the complexities of large-scale transformation. It is essential reading for advanced students and researchers working in sustainability transitions, as well as educators, sustainability policymakers, and practitioners. This title is also available as Open Access on Cambridge Core.
"Over a hundred years since the beginning of modern imperialism, the former colonial world is still prevented from joining the club of imperialist powers. The gap between rich and poor countries is not narrowing but growing. China is usually presented as challenging the dominance of the United States and other rich countries. However, imperialist domination over the most sophisticated aspects of the labour process gives the rich countries and their corporations control over the global labour process as a whole – including in China. Third World producers are forced to specialise in the opposite types of work – in relatively simple and low-end labour, for which major price markups and large profits are rarely possible. This is the kernel of unequal exchange in world trade. The imperialist system develops two types of capital – monopoly and non-monopoly capital – and two types of societies – rich, monopoly, imperialist societies and poor, non-monopoly, ‘Third World’ societies. China’s ascendance to become the most powerful Third World country in no way threatens to topple continuing imperialist dominance. Most contemporary Marxist writing has not been focused on global income polarisation and imperialist exploitation of the poor countries. For this reason, it has been unable to explain how exactly the same countries continuously reproduce their dominance. However, the actual conditions of the neoliberal world economy have made explicit how this happens through the labour process itself. In doing so it has also shown how Marx’s labour theory of value can be concretely applied to the conditions of monopoly capital today.
The ‘neoliberal period’, from around 1980, saw wide-scale and rapid development of the productive forces across what used to be known as the ‘Third World’. This led to widespread expectations and perceptions that many regions were catching up to the development level of the rich countries. However, the income statistics tell a very story. Not only is the Third World not catching up with the income of the rich countries, it is falling further behind. That is the case for almost all of the so-called developing countries individually and also for them as a whole – including China. Besides the Cold War exceptional cases of South Korea and Taiwan, no Third World nations have either joined the small club of rich countries or even come close to doing so. The rich countries today form almost entirely the same club that has dominated the world economy for over a hundred years. Not only is the gap between the richest and poorest societies growing, today almost every country in the world, including 98.5 per cent of the global population, are concentrated in states that are either rich or poor – but mostly poor. There are no large, truly ‘middle-income’ countries. This polarisation of the whole world into rich and poor countries increased throughout the neoliberal period and the relationship between the two groups remains unchanged.