This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is...

Banking regulation invites banks to gamble when buying government bonds that regulators consider to be risk-free. The adverse effects on financial stability are known. In turn, this study shows that governments have an incentive to use banking regulation in order to enhance their fiscal...

This study quantitatively evaluates conclusions of NGOs, UN agencies, and the International Court of Justice denouncing the purported practices of apartheid by Israel. We gauge the impact of Israeli policies on Palestinian basic needs using a bespoke index and a novel instrumental variable...

This paper describes George Washington's administration response to a plea for emergency war financing from French colonists who were trying to quash a slave rebellion in Haiti (then Saint Domingue). Washington bypassed Congress and authorized assistance to the French planters, hoping that...

Just as a person who is mugged in a dark alley doesn't know which assailant struck which blow, an ailing domestic producer may not know which country's imports have caused it injury. So reasoned the Tariff Commission, predecessor to the International Trade Commission, in deciding to cumulate the...

This short essay, which appeared in a Lithuanian law review, analyzes how consequences of information policies in smaller developing countries relate to their success or failure in attracting foreign investment capital. The central purpose of this work is to encourage government officials,...

This article considers the inherent illogic of existing approaches to applying U.S. trade law to Non-Market Economy (NME) countries. U.S. trade law is largely based upon the premise that free trade is best, so long as it is essentially fair. Of the areas of trade law that control this balance...

This study quantitatively evaluates conclusions of NGOs, UN agencies, and the International Court of Justice denouncing the purported practices of apartheid by Israel. We gauge the impact of Israeli policies on Palestinian basic needs using a bespoke index and a novel instrumental variable...