Beginning in 1971, Malaysia took unprecedented steps to improve the welfare of ethnic Malays vis-à-vis the country's large Chinese minority. The programs included quotas in education, employment, and ownership, as well as a variety of subsidies, credit schemes, and political measures. The...

Like doctors, lawyers, and architects before them, many new paraprofessionals occupations are rapidly being defined and regulated, raising the time-worn questions regarding the virtues of free labor markets versus those of regulated labor markets. The trend to regulation is growing rapidly as...

Changes in the federal program of Aid to Families with Dependent Children have been considered which would alter the program from one in which federal dollars match state and local contributions, to a program in which the federal contributions are fixed in the form of a block grant. A review of...

Politicians who support higher public spending in the hope of gaining the support of transfer recipients, such as the aged, the unemployed, and those on welfare, have no reason to believe that the strategy will succeed; according to the evidence reviewed here, transfer recipients do not vote much...

The vote on Massachusetts' Proposition 2½-and by extension the votes to restrain or roll back taxes in other states as well-should not be interpreted simply as expressions of the narrowly defined self-interest of the voters. This study shows that other characteristics such as sex, race,...

Needless to say, people who face risks that entail a high probability of death are willing to pay extraordinarily large sums to reduce the probability. Those that face low risks are typically unwilling to pay anything at all to reduce those risks. Accordingly, a public policy that would allocate...