Key findings:•This study measures income mobility in Canada over two five-year periods (1996-2001 and 2002-2007) and over a 10-year and a 19-year period (1990-2000 and 1990-2009). In all periods, Canadians initially in the lowest income group (the bottom 20%) experienced the greatest relative...

In spite of the fact that the Constitution's fifth amendment states that “nor shall private property be taken for public use, without just compensation,” politicians systematically impose almost confiscatory land-use restrictions on citizens. Growth of regulation and property-rights...

William Landes and Richard Posner contend that judicial independence maximizes the value of legislative deals with interest groups by enhancing the durability of those deals. Despite its acceptance among economics-minded scholars, we argue that this theory is seriously deficient. The...