Circuit-breaker (C-B) legislation is legislation designed to give property tax relief to the elderly under formulas that involve state financing of the burden of tax loss, rather than letting it rest on local governments. At least 24 states have adopted such legislation in the past few years and...

This paper considers the narrow question of whether, in a wrongful death context, the right of survivors to recover damages should be based on gross family income and household production or be limited to the income and household production of a decedent. It focuses on the interface between...

* This is the new edition of a popular student textbook. The first edition was well-received. The author has made revisions and additions to enhance the book's usefulness without destroying its distinctive character as a lucid, thorough, and readable text. It gives a broad treatment of...

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In...