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Anthony G. Stair

Works Published inQuarterly Journal of Austrian Economics

Anthony G. Stair is an economics professor at Frostburg State University in Maryland.

All Works

Protected Lying: How the Legal Doctrine of "Absolute Immunity" Has Created a "Lemons Problem" in American Criminal Courts

Legal SystemU.S. History

07/30/2018Quarterly Journal of Austrian Economics
This paper applies not only Akerlof’s analysis of bad products driving good products out of certain markets, but also analysis from Mises and Rothbard and others, along with various theories of regulation, to show how the legal doctrine of prosecutorial immunity creates a “lemons” problem in...
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