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Defenders of the state’s monopoly on lawmaking and law enforcement typically assume that any alternative arrangement would favor the rich at the expense of the poor—or would lead to the collapse of social order and ignite a war. Questioning how well these beliefs hold up to scrutiny, this book offers a powerful rebuttal of the received view of the relationship between law and government. The provision of justice and security has long been linked in most people’s minds to the exclusive province of government monopolies. However, in this path-breaking book, Benson shows that a system of market-based institutions, rooted in the legal principle of personal accountability under a rule of la...
Taxing behavior deemed "politically incorrect" has long been a convenient way for politicians to fund programs benefiting special interest groups, to the public's disadvantage. Government policy toward various goods - drugs, tobacco and alcohol, for example - has been locked into a regulatory cycle of tax and taboo. Support for legalizing other substances is buttressed by the revenue-generating power of so-called "sin" taxesi And the products subjected to excise taxation have varied from soft drinks, fishing gear and margarine to airline tickets, telephone calls and gasoline. Taxing Choice thoroughly addresses the costs and benefits of these predatory public policies.Shughart notes that the ...
Changing the Guard is an authoritative survey of one of the most controversial aspects of criminal justice and corrections: the growing use of private prisons. When prison privatization began in the United States in the early 1980s, many policy analysts claimed it would increase costs, decrease quality and erode state authority. Has it? Changing the Guard brings together leading criminal justice researchers to tackle this and related questions: Does prison privatization make economic sense? What are the prospects for enlarging prison privatization? Changing the Guard also examines the broader questions that surround the prison privatization debate: What are the historical precedents for prison privatization? What do we know about punishment and recidivism? How long must a prison sentence be to deter crime? Are too many people in prison or too few? Should legal reform take precedence over prison reform to ensure that privatization does not simply make the criminal justice system more efficient at abusing civil liberties and executing legal injustices?
The political impulse to secede - to attempt to separate from central government control - is a conspicuous feature of the post-cold war world. It is alive and growing in Canada, Russia, China, Italy, Belgium, Britain, and even the United States Yet secession remains one of the least studied and least understood of all historical and political phenomena. The contributors to this volume have filled this gap with wide-ranging investigations - rooted in history, political philosophy, ethics, and economic theory - of secessionist movements in the United States, Canada, and Europe.
In 2005, the Supreme Court ruled in Kelo v. New London that a city might take property from one private owner and transfer it to another for economic redevelopment. The ruling marked a new interpretation of the Fifth Amendment to the Constitution, and set a precedent which has raised significant questions regarding government takings and property rights. The ruling also reawakened a public interest in private property and created a vicious reaction among many citizens, journalists, academics, and legislators. This book is unique because it offers an in-depth analysis of the case law found in the opinions and decisions of the state and federal courts, but also uses a variety of other sources ...
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An important contribution to the literature of economic development, this book presents case studies of productive entrepreneurship in contemporary Africa and Latin America. It looks at the growth of Kenya's chain stores and one-person kiosks, the rise of barter clubs in Argentina, and Nigeria's clothing-design industry to illustrate economists' insights about entrepreneurship and the role that government regulations often play in impeding economic development. Half the people in the world live on two dollars or less per day and roughly 600 million live on no more than one dollar per day. With thousands of international relief organizations, strategic government programs, and billions of dol...