This chapter is motivated by the following questions: what are the implications of an Austrian reassessment of the theory of public goods? What would be left to say that’s right about public goods? The implicit assumption in the theory of public goods being utilized is to frame it in terms of...

To what extent are the outcomes of economic regulation intended and desired by its proponents? To address this question, we combine Stigler’s theory of regulatory capture with the Austrian theory of the dynamics of interventionism. We reframe Stigler’s theory of regulatory capture as an...

This paper presents a reassessment of the policy measures taken to combat the effects of COVID-19. It addresses the following question: does the threat of pandemic justify the sacrifice of legal and political principles for the sake of expediency? We do so by filtering the unintended...

What is the role of the entrepreneur in Carl Menger’s account of the market process? Modern entrepreneurship theory is broadly divided into two types. The Schumpeterian account of entrepreneurship takes an equilibrium state of affairs as an analytic starting point from which the entrepreneur...

What is the relationship, if any, between economic freedom and pandemics? This paper addresses this question from a robust political economy approach. As is the case with recovery from natural disasters or warfare, a society that is relatively free economically offers economic actors greater...

Introduction / by Rosolino A. Candela, Rosemarie Fike, and Roberta Herzberg -- Rise of a centropoly : good intentions, distorted incentives, and the cloaked costs of top-down reform in US public education / by Martha Bradley-Dorsey -- Group identity and unintended consequences of school...

Could North America have been settled more peacefully, with fewer property rights violations against Native Americans? To answer this question, we utilize the case of French colonists of Atlantic Canada (the Acadians) and a Native American tribe (the Mi’kmaq) between the 17th and 18th...

Julian Simon famously argued that economic growth is correlated with population growth. The basis for this correlation is what Simon refers to as the “ultimate resource,” namely the human mind and the collective stock of dispersed, tacit, and inarticulate knowledge among individuals. Though...