Institutional bottlenecks refer to path-dependent institutional arrangements which contribute to economic stagnation. In his research, Timur Kuran identifies several historical institutional bottlenecks which contributed to economic decline and underdevelopment of the Middle East. We use Kuran's...

What role do whistleblowers play in democratic politics? This paper answers this question by analyzing the political economy of whistleblowing within democratic political institutions. Democratic politics is characterized by numerous principal-agent problems creating significant space for...

The U.S. government's covert drone program is a defining aspect of its military strategy in its transnational “War on Terror.” We highlight a fundamental paradox with the use of drones to combat terrorism. The U.S. government justifies drones as an efficient method for weakening, and...

This paper explores the interventionist mindset required for success under the U.S. government's foreign policy strategy of liberal hegemony. This approach to foreign policy contains an inherent tension. Its adherents claim a commitment to liberal values but successfully implementing the...

This paper provides a political economy analysis of the evolution of unmanned aerial vehicles (UAV) or “drones”, in the United States. Focus is placed on the interplay between the political and private economic influences; and their impact on the trajectory of political, economic, and, in...

How can public policy best deal with infectious disease? In answering this question, scholarship on the optimal control of infectious disease adopts the model of a benevolent social planner who maximizes social welfare. This approach, which treats the social health planner as a unitary “public...

This paper is part of a symposium on Michael Munger and Mario Villarreal-Diaz's essay, “The Road to Crony Capitalism.” Munger and Villarreal-Diaz force readers to wrestle with the oft-neglected, but crucial distinction between “ideal” capitalism, which is immune from cronyism by...

State-provided defense is a form of non-comprehensive government planning subject to two inherent problems. The first is the “knowledge problem” of how to allocate scarce resources to their highest-valued uses. The second is the “power problem” due to the discretionary power granted to...

This paper explores U.S. government activities related to human experimentation after World War II. We emphasize how a proactive foreign policy, even in the pursuit of liberal ends, can undermine the rights and liberties of members the domestic populace. The typical primary justification for a...