Among the arguments put forward by proponents of buying local is that it facilitates the accumulation of social capital. However, some research has suggested that social capital may not always confer economic benefits. This paper explores potential problematic aspects of social capital,...

Cowen (2020) argues for a redirection of effort towards “State Capacity Libertarianism,” which keeps the core of policy proposals from libertarianism intact while emphasizing a select set of policies aimed at furthering economic growth. These policies center on the ability of the state to...

A large literature has found positive associations between economic freedom and income, growth, and a variety of other desirable outcomes. This paper surveys the literature that seeks to explain the causes of economic freedom. Some of the most consistent findings in this literature are that...