Gray’s Progress: From Liberalisms to Enlightenment’s Wake
In this article, Jeremy Shearmur discusses John Gray’s life and work.
In this article, Jeremy Shearmur discusses John Gray’s life and work.
In this article, Pierre Desrochers reviews Alice Sparberg Alexiou’s Jane Jacobs: Urban Visionary.
In this article, Thomas E. Woods, Jr. reviews Nicholas Orme’s Medieval Schools: From Roman Britain to Renaissance England.
Most academic participants in the ongoing debate over income redistribution are aware that it is not possible, ever, for government to tax one set of persons and redistribute the same amount to a set of subsidy recipients. Some fraction of each dollar taxed will always be absorbed in wages and salaries of the administrative bureaucracy, costs of purchasing, powering, maintaining and replacing equipment, buildings, etc., and other overhead costs. Only the remainder will actually be received by the target population in the form of cash or in kind payments.
Alexis de Tocqueville’s Democracy in America raises a particularly provocative series of issues which challenge some of the basic assumptions of law and economics scholarship on dispute settlement.
In 1844 Massachusetts resident Lysander Spooner (1808–1887) advertised in the public press the establishment of the American Letter Mail Company. That agency promised to carry letters from New York to Philadelphia, Baltimore, and Boston at a uniform rate of 5 cents (significantly less than the 12 ½ cents the federal postal service required for letters traveling from Boston to New York and 25 cents to Washington, D.C.); in so doing, it intentionally challenged the legitimacy of the federal postal monopoly. To be sure, Spooner intended to realize a profit from that venture.
In the Kelo decision, the city of New London, Connecticut, exercised the power of eminent domain to seize the private property of Susette Kelo and eight other petitioners who owned a total of fifteen properties in the historic Fort Trumbull area of the city.
In Kelo v. City of New London (2005), the United States Supreme Court upheld the use of the eminent domain power to take property from homeowners for the purpose of economic development. Under the Fifth Amendment, wrote Justice John Paul Stevens for the majority, eminent domain may be used only for a public purpose. But “public purpose” is a broad concept.
In this article, Daniel J. D’Amico reviews Changing the Guard: Private Prisons and the Control of Crime which was edited by Alexander Tabarrok.
In this article, Nortbert Lennartz reviews Michael van Notten’s The Law of the Somalis: A Stable Foundation for Economic Development in the Horn of Africa.