Dictators, even those who seize power with the intention of helping the nation, frequently morph over time into tyrants. There may be many reasons for this. This paper focuses on one interesting and arguably pervasive driver behind this process. A model is developed which shows that the series...

In praise of dissent -- The theory of the invisible hand -- The limits of orthodoxy -- The economy according to law -- Markets and discrimination -- The chemistry of groups -- Contract, coercion, and intervention -- Poverty, inequality, and globalization -- Globalization and the retreat of...