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In the history of traditional immigration countries, i.e., countries with an open policy and tradition of immigration, migration has exercised a great influence on party systems and election results. ...
Since the early 1870s, when John D. Rockefeller began assembling Standard Oil of New Jersey, the large, usually American-owned and -managed, oil companies have been the most famous and controversial...
Currency competition for the established national central banks can come from foreign central banks or from private money suppliers (at home or abroad). At present, currency competition from both s...
Following the repeated failure in the United States of numerous federal tax credit and voucher proposals for education in the recent past, the retiring President Reagan and his successor President B...
Incentives to collude exist in every competitive market. Nonetheless, the successful formation of cartels among private-sector firms is rare, in part because the cartel must overcome the costs oforg...
Most debates over federalism are only lightly camouflaged debates over policy. Philosophers and economists (Rawls 1971, Buchanan and Tullock 1962) may assert a distinction between constitutional is...
Introduction The triumph ofAmerica’s regime values of democracyand capitalism in Eastern Europe would appear to justify a brief moment of self-congratulation. In a thought-provoking essay, Francis ...
To answer the question whether we should convene another Bretton Woods, we must find out what the problems are that would have to be solved by another such conference and what actually happened in ...
Once China has been accepted into the World Trade Organization, all the business and geographical limitations that previously restricted the activities of foreign banks in China will be removed grad...
Earlier History It would probably be best for me to concentrate on the recent British debate. Not only do I know it best, but I do not think that the earlier debates on free banking in previous cen...
What is meant by “currency competition?” In Northern Ireland today, most of the paper currency is privately issued. The banknote currency issued by the Ulster Bank competes against the currencies o...
Relatively little attention is paid to research in controversies over educational policy. For instance, A Nation at Risk (NCEE 1983), the most highly publicized document on educational reform in our...
In the United States and in virtually every country around the world, inflation has declined, and in most countries dramatically so. In addition, the volatility of inflation and expectations of futu...

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