Why have white, less educated voters left the Democratic Party over the past few decades? Scholars have proposed ethnocentrism, social issues and deindustrialization as potential answers. We highlight the role played by the 1994 North American Free Trade Agreement (NAFTA). In event-study...

This paper considers the impact of New Deal programs on the economy of the American South. Through investments in infrastructure (roads and electric power), environmental improvements (reforestation and soil conservation), and advances in public health (sanitation facilities and disease...

'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural...