A Note on Corruption by Public Officials: The Black Market for Property Rights
Illegal activities in the private sector arise because the market mechanism is not allowed to perform its allocative functions.
Illegal activities in the private sector arise because the market mechanism is not allowed to perform its allocative functions.
The most obvious and widely shared criticism of anarchism is that it is, quite simply, impractical.
The literature of American legal history is primarily a history of federal and state governments, creating the false impression that these governme
Were a government to demand the sacrifice of 46,700 citizens’ each year, there is no doubt that an outraged public would revolt.
Traffic congestion reaches into all aspects of living: working, shopping, recreation.
Central planning and state control are often cast aside as inferior replacements to far more efficient and humane voluntary market transactions.
This paper is an attempt to use what is essentially “public choice” analysis- which assumes that individuals will make “rational&
Like many libertarians, I used to accept without question the idea that contracting out for government services was a good idea.
The period which encompasses, roughly, the years from 1836 to 1870, was the critical one for political economy as conceived by Adam Smith.
A paper reviewing George Smith’s article “Justice Entrepreneurship in A Free Market” by Randy E. Barnett.