Public Goods and Externalities: The Case of Roads
When government monopolization of the roadways is discussed by economists, the “externalities” argument is usually raised.
When government monopolization of the roadways is discussed by economists, the “externalities” argument is usually raised.
The American Revolution restored private and local control over goods such as alcohol and tobacco, but since the period of the Early Republic, the prohibitionist agenda has, with few deviations, continued on this trend of increasing central control.
This paper will be primarily concerned with identification and documentation of the educational viewpoints espoused by the European anarchists of t
The recent widely cited National Agricultural Lands Study (NALS) adds to the growing number of individuals and organizations holding the view that
Traffic congestion reaches into all aspects of living: working, shopping, recreation.
A basic principle of Austrian economics is that the originary rate of interest (the rate of discount of future goods compared to present, otherwise
Given the temper of the times it was surprising that following the American Revolution there appeared proposals for national systems of education.
Were a government to demand the sacrifice of 46,700 citizens’ each year, there is no doubt that an outraged public would revolt.
Robert Nozick, in Anarchy, State, and Utopia presented his by-now-famous view that “a minimal state, limited to the narrow functions
In this article James Rolph Edwards discusses the United States economic system and social security.