Tax and expenditure limitations (TEL) on state and local governments have been passed with the presumption they will limit the growth of government, raise government efficiency, and increase direct democracy by requiring voter approval of tax increases. Both the popular press and the academic...

Human capital theory suggests that job opportunities will create incentives for human capital investment. If job information does not flow freely, or if they prefer not to move, students will make investment decisions based upon local job markets. Communities with a high percentage of low-skill...

This is a personal view of regional science, which draws on my experiences and my training in both institutional economics and regional economics. I will start with some of those experiences and the questions they raised for me about the importance of institutions1 in regional development and...