A distribution of income between rulers and subjects can be derived as an equilibrium of violence, rather than from considerations of marginal products of owned factors of production. Society is organized in ranks, and the occupants of each rank are provided with incomes just sufficient that...

Should courts adjudicate to promote efficiency in the economy, or should courts be content to apply the law as they find it? The literature of law and economics has much to say about how to identify efficiency in the construction of the law, but little to say about whose business it is to...

Citizen–candidate models postulate a politics without political parties. Any citizen may become a candidate for office. A winner is chosen from among the candidates by voting with ties broken by the flip of a coin. All voters have preferences over a set of policies. The winning candidate...