As public debt problems deepen at all levels of American government, private groups like the Appalachian Mountain Club will become increasingly important in addressing supposed market failures. The AMC is a private organization that raises funds to protect wilderness areas and develops them for...

Public Choice analysis begins with a simple question: How are collective decisions made? The answer, of course, is that the decisions are made by policymakers - politicians and bureaucrats - and by voters. The starting idea of public choice theory is disarmingly simple: Individuals, when acting...

This book asks a fundamental question, that is, whether "somebody in charge" could have prevented or solved the problem leading up to our current financial crisis. This book explores and answers that question from a scholarly and academic economic viewpoint