“… if I create high quality research, readers and other interested researchers will beat a path to my door”. WRONG. Such an approach worked well in the 19th century and seemingly for much of the 20th century. However, the way of the 21st century is for smart “consumers” of new...

This article calls into question the Pigovian justifications for higher taxes on goods and services that generate negative externalities. Insisting on a Pigovian tax as a precautionary measure only makes sense if it replaces all preexisting subsidies, taxes, and regulations rather than being...

Modern reflection about the good life and the good society has been dominated by a spirit of liberal optimism, according to which people typically know what's good for them and make prudent choices in pursuit of their interests. As a result, people tend to do best, and pretty well at that, when...

The federal government has imposed a minimum wage since 1938, and nearly all the states impose their own minimum wages. These laws prevent employers from paying wages below a mandated level. While the aim is to help workers, decades of economic research show that minimum wages usually end up...

Faff’s (2015; 2021) “Pitching Research” framework (PRF) is built on a research planning tool that challenges (novice) researchers to productively communicate their prospective research ideas to academic field experts. The framework gives you a total communication budget of 1,000 words ± 20%,...

Faff’s (2015; 2021) “Pitching Research” framework (PRF) is built on a research planning tool that challenges (novice) researchers to productively communicate their prospective research ideas to academic field experts. The framework gives you a total communication budget of 1,000 words ± 20%,...

We introduce the case for non-territorial unbundling by taking a discursive approach through public choice and evolutionary economic theory. The argument begins with an appreciation of the many paradoxes and problems of majoritarian voting and proceeds to explore the theory of non-territorial...

Despite economists' preference for the more objective concepts like preference, more emphasis should be given to the more subjective concepts like happiness, as happiness is our ultimate objective and as more money does not buy more happiness much, despite the rat race for material growth due to...

Driven by increasing demand for passenger transportation and congestion in key corridors in the U.S., such as in California, the Northeast, Florida and parts of the Midwest, the U.S. has embarked on various initiatives to examine alternative solutions to this important problem. One of the...