We investigate the claims of behavioral paternalism in the more realistic framework of complex choice. In particular, we analyze the claims made by behavioral paternalists that predictive analytics over large amounts of data will make it possible to target and successfully implement purportedly...

What is the relationship between central planning, pervasive shortages, and soft budget constraints under socialism? In this paper, we address this question by exploring the evolution of János Kornai’s work on the operation of real-world socialism. In doing so, our goal is to reframe...

This paper analyzes the constitutional history of China, with the aim of explaining how and why the policies that produced its rapid growth came to be adopted. The paper argues that constitutional reforms played important roles in China's economic development and are likely to do so in the...

Why do religious minorities respond in different ways to economic development? We develop a model of religious organizations based on a historical case study of Jewish emancipation in nineteenth century Europe. In Germany, a liberal Reform movement developed in response to emancipation, while...

The Mongol conquest was one of the bloodiest wars in human history. The Mongol conquest of China (1205-1279 AD) continued to have persistent negative effects on long-term development, even centuries after the war. Using newly assembled war, population, and 16th century county-level agricultural...

The literature connecting economic freedom indexes to income levels and growth generally points in the direction of a positive association. In this paper, we argue that this finding is a highly conservative as the data is heavily biased against finding any effects. The bias emerges as a result...