The ongoing debate about possible implementation of regulatory rules requiring “network neutrality” for wireless telecommunications services is inherently about whether to impose a prohibition on the ability of network operators to control their vertical relationships. Antitrust analysis is...

In January 2007, President Bush issued an Executive Order changing the procedures for undertaking benefit-cost analyses of proposed regulations. These changes have been hailed by some as dramatic improvements while criticized by others as representing the politicization of the evaluation...

While the U.S. Constitution is difficult to amend, most states constitutions are much easier to amend. This essay explores the implications of easily amended constitutions on the nature and quality of government. Theoretically, malleable constitutions can be more innovative and responsive to...

Which of the democratic checks and balances—opposition parties, the judiciary, a free press—is the most forceful? Peru has the full set of democratic institutions. In the 1990s, the secret-police chief Montesinos systematically undermined them all with bribes. We quantify the checks using...