"How does political party control determine changes to social policy, and by extension, influence inequality in America? Conventional theories show that Democratic control of the federal government produces more social expenditures and less inequality. Welfare for the Wealthy re-examines this...

Richard Florida in The Rise of the Creative Class introduced one of the most widely adopted urban growth strategies in decades. However, scholars have found little theoretical support for the connection between the creative class and economic development. This article empirically tests the...

America has a divided social system in which both the public and private sectors provide benefits and services. The relationship between party control and public social spending is well known. Yet, most citizens receive social insurance through the private sector and the government heavily...

The United States has a divided social system in that both the public and private sectors provide citizens with benefits and services. The effects of political party control on public social policy are widely known. An area of study less understood is how partisanship influences private social...

We develop a Ramsey type model of economic growth in which the “Engine of Growth” is public capital accumulation. Public capital is a public good, and is financed by taxes on private output. The government may either use the taxes gathered to fund public capital accumulation or consume the...

We study a simple growth model with overlapping generations in which property rights are insecure. Insecurity of property rights leads to predation. Due to predation some of the resources are used for protection purposes. Both predation and protection remove resources from the accumulation...