Regulatory arbitrage — defined as the manipulation of regulatory treatment for the purpose of reducing regulatory costs or increasing statutory earnings — is often seen in heavily-regulated industries. An increase in the regulatory nature of copyright, coupled with rapid technological...

This chapter summarizes leading critiques of law and economics. For the most part, we put aside objections to particular applications of law and economics to distinct fields of law. We focus on rather general criticisms that properly apply to widely shared core commitments within the field of...

The interpretive critique is primarily focused on economics as a system for understanding markets as a dynamic process of human interactions and exchange. It does not equate economics with the market but instead understands economics as one of several ways of interpreting the market. The...

This educational resource utilizes the Essential Scholars series published by the Fraser Institute and combines it with the Kahoot! learning platform to promote deeper learning. The nine Essential Scholars (Adam Smith, David Ricardo, David Hume, John Locke, Joseph Schumpeter, James Buchanan,...

Our land use control system operates across a variety of multidimensional and dynamic categories. Learning to navigate within and between these categories requires an appreciation for their interconnected, dynamic, and textured components and an awareness of alternative mechanisms for achieving...

The author considers SWFs from the perspective of their changing relations with internal and external stakeholders, and the importance of transparency, accountability and better communication. It discusses how the management of stakeholder relations has become central to the trust in – and...

American Indian reservations are the poorest parts of the United States, and a higher percentage of Indian families across the country live below the poverty line than any other ethnic or racial sector. Indian nations and Indian peoples also suffer from the highest unemployment rates in the...

I document empirically that the field of financial economics has been mostly concerned with positive issues (largely related to “informational efficiency” of prices) rather than allocative efficiency relative to the field of industrial organization, which I take as a comparison point. I...

What determines the kinds of questions economists ask and the answers they find convincing? More generally, why are the institutions that constitute scholarly economics the way they are? I answer both of these questions by positing that within the modern economics profession, it is plausible...