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This paper shows that, contrary to G. S. Becker's work, there is no innate tendency for political competition to reduce the total cost of government wealth transfers. Simple examples demonstrate how the effects of government policies on total wealth boil down to the elasticities of the marginal...
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During the last couple of decades, courts have intervened in employment relationships by allowing employees to circumvent the workers' compensation liability restrictions. Recent papers point to firms' divesting themselves of operations whose employees handled dangerous substances as a way of...
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This paper shows that allowing wealthy individuals to influence the outcome of their trials through the purchase of legal services can be consistent with the optimal penalty literature. Using this analysis, the author reviews some of the advantages and disadvantages of varying the length of jail...
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This paper shows that most of the large recent increases in campaign spending for federal and state offices can be explained by higher government spending. This result holds for both federal and state legislative campaigns and gubernatorial races and across many different specifications. The...
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Despite all the work on how campaign donations influence a politician's behavior, the nagging question of whether contributions alter how the politician votes or whether these contributions constitute support for like-minded individuals remains unresolved. By combining the campaign contributions...
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