John Maynard Keynes suggested that government should undertake a temporary surge in deficit-financed spending during times of economic need. Today, countercyclical fiscal stimulus spending is believed to be most potent when programs are timely, targeted, and temporary. However, history has shown...

Where the murkiness of biopiracy as a general matter leaves little room for legal theory to anchor, the relative clarity of specific instances of biopiracy may provide sufficient factual information from which to develop appropriate legal theories. In particular, the way biopiracy has been used...

While many economists have theorized and/or empirically demonstrated that labor-leisure decisions are influenced by the rate of taxation, this note introduces a new mechanism in which the collecting of taxes on income may affect such decisions. Although standard models assume that agents have no...

Since 1969 more than a dozen studies have explored the grossly unequal state-level distribution of New Deal spending. Why did small population rural states such as Nevada, Montana, and Wyoming receive up to six times as many federal dollars per capita as densely populated states such as...

While many economists have theorized and/or empirically demonstrated that labor-leisure decisions are influenced by the rate of taxation, this note introduces a new mechanism in which the collecting of taxes on income may affect such decisions. Although standard models assume that agents have no...

We exploit the natural distinction between the attacking and defensive aspects of tennis to get a better understanding of the origins of relative inefficiency. Attacking is simply when a player is serving and defending is when a player is returning serve. We use data envelopment analysis to...