Work detail

Four Essays in political economy

Author: Mgr. Roháč Dalibor
Year: 2009 - summer
Leaders: † prof. Ing. Karel Kouba DrSc.
Work type: Doctoral
Language: English
Pages: 92
Awards and prizes:
Abstract: This thesis is a collection of four papers approaching different issues of political
economy from the perspective of the Virginia school.
The first paper is an analysis of the liberum veto, the unanimity voting rule used in
Polish-Lithuanian Republic. It claims that unanimity was an answer to the religious
heterogeneity of the Republic and to the fact that rights of the minorities were not
protected by credible constitutional provisions.
The second paper discusses the failure to democratise and the demise of the Austro-
Hungarian Empire. Contrary to the popular wisdom which emphasises the military
defeat of the Empire, it argues that the nationality question played an important role in
its fall. The failure of the monarchy to decentralise was the main reason which induced
ethnic minorities to seek remedies which brought about the collapse of the dual
The third paper seeks parallels between the political thought of Frank Knight and Jürgen
Habermas. We argue that in several important respects, Habermas behaved as a
Knightian and can be considered as being very close to the Knight-Buchanan-Rawls line
in normative political economy.
The fourth paper is a discussion of transparency in modern economics. The central
argument of the paper is that the incentive structure of economics can induce nontransparent
behaviour, which can, in turn, lead to undesirable outcomes. We illustrate
our argument on the example of empirical macroeconomics, which is increasingly
having recourse to calibration instead of standard methods of testing hypotheses.
Downloadable: Rigorosus thesis




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