The demand for building permits and the other related “services” that can only be purchased at city hall in Las Vegas has plummeted. The Las Vegas Review Journal reports that building permit activity in the City of Las Vegas is but a third what it was in 2004.
...disaster recovery remains an important area for research. Peter Boettke discusses Emily Chamlee-Wright’s excellent The Cultural and Political Economy of Recovery.
For a Forbes symposium on job creation, I’ve proposed that we Scrap the Minimum Wage. In a supplementary post for the Forbes Booked Blog, I discuss my sources and some of the research on the labor market effects of the minimum wage.
It may come as a surprise to many, but the relative size of the US commercial-banking industry has not declined following the so-called credit-market crisis, which developed in the second half of 2007. On the contrary, it has increased since then. While nominal GDP rose 4.2% from the second quarter of 2007 to the second quarter of 2010, banks’ total assets rose 18.4%.
How would appeals work in a voluntary system of private law? Would defendants be able to appeal clearly outrageous convictions? If so, then what’s to stop a murderer from indefinitely appealing his cases?
