In spite of the fact that the Constitution's fifth amendment states that “nor shall private property be taken for public use, without just compensation,” politicians systematically impose almost confiscatory land-use restrictions on citizens. Growth of regulation and property-rights...

William Landes and Richard Posner contend that judicial independence maximizes the value of legislative deals with interest groups by enhancing the durability of those deals. Despite its acceptance among economics-minded scholars, we argue that this theory is seriously deficient. The...

E-commerce may prove a double-edged sword for antitrust enforcement. While the internet massively increases the potential size of the relevant market for any antitrust investigation, thereby reducing the need for antitrust activity, it also opens firms up to protectionist uses of antitrust by...

The book reviewed here contends that production techniques - and in particular today, techniques embodying modern information technology - determine political attitudes and, hence, the structure and role of the state. The book's author, Jean-Jacques Rosa, is not successful in making a compelling...