Is Novelty Always a Good Thing? Towards an Evolutionary Welfare Economics

Schubert, Christian

doi:10.1007/978-3-319-01496-8_11

Cited by 7 publications

(9 citation statements)

References 83 publications

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“…From a critical rationalist perspective, it is not possible to deduce tax goals from social values (Albert, 1985(Albert, , 1999 (Albert, 1985). Market objectives that suppose a neoclassical general equilibrium framework or a tendency to equilibrium (von Hayek, 1945;von Mises, 1998) do not correspond to the feasibility postulate (Buchanan & Vanberg, 1991;Schubert, 2012;Vanberg, 2001;Witt, 1987Witt, , 2009). In the light of genuine uncertainty, markets cannot achieve efficiency or welfare maximization (Vanberg, 2001;Witt, 2003Witt, , 2009).…”

Section: Why Is Equality Of Taxation An Adequate Tax Goal?mentioning

confidence: 99%

Is a One-book-system Adequate? A Framework for Tax Law Analysis Under Genuine Uncertainty

Schmiel

Weitz

2017

Accounting, Economics, and Law: A Convivium

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Abstract:This paper examines whether a one-book-system that takes the commercial law profit definition as tax base (the so-called authoritative principle) is adequate from an evolutionary point of view. We consider firstly the case that European International Financial Reporting Standards (EU-IFRS) are relevant for all statements with the authoritative principle based on EU-IFRS. Secondly, we examine the fact that EU-IFRS focus on the consolidated annual accounts and that the national accounting principles are relevant for individual statements. Tax law analysis under genuine uncertainty requires a framework and we present such a framework. It entails an interpretation of equality of taxation, a hypothesis on the functioning of markets, an interpretation of realizable and desirable market goals, tax effects hypotheses, and action hypotheses for personal and corporate companies under genuine uncertainty. Contrary to the mainstream of accounting literature, from our evolutionary point of view, the authoritative principle is adequate. The reason is that commercial profit is an adequate instrument to achieving the tax goal equality of taxation in the sense of reducing expectable tax avoidance decisions. This is the case because according to evolutionary action hypotheses as well as tax effects hypotheses, commercial profit can be a subjectively rational decision criterion for personal and corporate companies alike. Equality of taxation is for its part in line with the evolutionarily interpreted social values freedom of choice and equality before the law. Since we focus on the question if the existing commercial profit concept can be an adequate tax base, we do not discuss whether we would have more reasons to take a conservative profit concept as tax base rather than EU-IFRS. Just as little, we analyze whether it is better to take EU-IFRS profit as tax base although national accounting principles are relevant for individual statements.Keywords: ability to pay-principle, authoritative principle, equality of taxation, evolutionary tax effects hypotheses, evolutionary analysis of tax law, horizontal equity, vertical equity JEL classification: B53, K34, M48

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Section: Why Is Equality Of Taxation An Adequate Tax Goal?mentioning

confidence: 99%

Is a One-book-system Adequate? A Framework for Tax Law Analysis Under Genuine Uncertainty

Schmiel

Weitz

2017

Accounting, Economics, and Law: A Convivium

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“…Moreover, it is suited to grasp changes in wants, that is, to account for the fact that preferences are not constant (Witt, 2001;Ruprecht, 2005;Schubert, 2012). A naturalistic concept of wants inspired by behavioral theory and cognitive psychology, for example, can explain the origins and development ofinnate and learnedwants people pursue.…”

Section: Another Naturalistic Endeavor: the Continuity Hypothesismentioning

confidence: 99%

Evolutionary Economics

Cordes¹

2015

International Encyclopedia of the Social &Amp; Behavioral Sciences

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There are several ways to incorporate evolutionary concepts into economic thinking. This article reviews the most important transfers of this kind into evolutionary economics. I broadly differentiate between approaches that draw on an analogy construction to the biological sphere, those that make metaphorical use of Darwinian ideas, and avenues that are based on the fact that other forms ofculturalevolution rest on foundations laid before by natural selection. It is shown that an evolutionary approach within economics informed by insights from cognitive science, evolutionary biology, and anthropology contributes to more realistic models of human behavior in economic contexts.

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“…One can argue that the normative evaluation of novelty is a much more complicated issue and likely to generate more ambiguous conclusions (e.g. Witt 1996;Schubert 2012). But nevertheless, the link between individual autonomy and the liberty to introduce novelty through individual action -be it on the marketplace, in political discourse, or even in the arts and sciences -appears close.…”

Section: An Emphasis On Opennessmentioning

confidence: 99%

Does classical liberalism imply an evolutionary approach to policy-making?

Schnellenbach

2014

J Bioecon

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract. This paper argues that an evolutionary approach to policy-making, which emphasizes openness to change and political variety, is particularly compatible with the central tenets of classical liberalism. The chief reasons are that classical liberalism acknowledges the ubiquity of uncertainty, as well as heterogeneity in preferences and beliefs, and generally embraces gradual social and economic change that arises from accidental variation rather than deliberate, large-scale planning. In contrast, our arguments cast doubt on a different claim, namely that classical liberalism is particularly compatible with the evolutionary biological heritage of humans. Terms of use: Documents in EconStor may

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Is Novelty Always a Good Thing? Towards an Evolutionary Welfare Economics

Cited by 7 publications

References 83 publications

Is a One-book-system Adequate? A Framework for Tax Law Analysis Under Genuine Uncertainty

Is a One-book-system Adequate? A Framework for Tax Law Analysis Under Genuine Uncertainty

Evolutionary Economics

Does classical liberalism imply an evolutionary approach to policy-making?

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