Preface / Michael R. Strain and Stan A. Veuger -- Aristotle on Economics and the Flourishing Life / Harvey C. Mansfield -- Hobbes, Locke, and the Problems of Political Economy / Peter B. Josephson -- Rousseau on Economic Liberty and Human Flourishing / John T. Scott -- Adam Smith and Human...

We describe the broad range of uncertainties faced by the developers of medical technologies. Empirically, we estimate the asset market incidence of two realizations of uncertainties we classify as within-market policy risks. The events we analyze concern the intellectual property of Myriad...

Truck drivers who are most concerned about automation are, counterintuitively, also most likely to say they intend to reinvest in that occupation. This finding does not hold among drivers who are most familiar with the low costs of community college. This is consistent with a simple model in...

We study the aftermath of the 1968 Washington, DC civil disturbance to illuminate the mechanisms that drive urban redevelopment in the presence of low demand and racial tension. After establishing that civil disturbance property destruction was quasi-random within blocks, we show that destroyed...

We estimate whether federal aid for state and local governments played a role in advancing population testing for COVID-19 and the administration of vaccines. To overcome biases that can result from the endogeneity of federal aid allocations, we use an instrumental-variables estimator reliant on...

We use an instrumental-variables estimator reliant on variation in congressional representation to analyze the effects of federal aid to state and local governments across all four major pieces of COVID-19 response legislation. Through September 2021, we estimate that the federal government...

The general election’s timing is set by statute. Nonetheless, it would be irresponsible to require people to vote in person in the midst of a pandemic. Dramatically lower turnout would inevitably distort the results. Postponing general elections is much more problematic than postponing...