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Coyne, Christopher J.; Hall, Abigail R - 2013

The U.S. government is the dominant player in the global arms market. An existing literature emphasizes the many benefits of an international U.S.-government arms monopoly including: regional and global balance, stability and security, the advancement of U.S. national interests, and domestic...

Persistent link: https://www.econbiz.de/10014153685

Polycentric Defense, Ukraine Style : Explaining Ukrainian Resilience Against Invasion

Alshamy, Yahya; Coyne, Christopher J.; Goodman, Nathan P.; … - 2023

Contrary to predictions by many experts, Ukraine’s military has been resilient in the face of the Russian government’s invasion. Drawing on the logic of polycentric defense, this paper helps explain how Ukraine has remained resistant against a conventionally more powerful adversary. We argue...

Persistent link: https://www.econbiz.de/10014262003

Adam Smith on Reputation, Commutative Justice, and Defamation Laws

Bonica, Mark; Klein, Daniel B. - 2020

We interpret Adam Smith on reputation, commutative justice, and defamation laws. We address two major questions. The … first question concerns whether Smith thought that “one’s own” as covered by commutative justice included one’s reputation …. Several passages point to the affirmative. But reputation is left out of Smith’s “most sacred laws” description of commutative …

Persistent link: https://www.econbiz.de/10014104681

Been There Done that : The Political Economy of Déjà Vu

Boettke, Peter J. - 2012

n the midst of the current financial crisis the economics profession has seen a monumental resurrection of Keynesian ideas. The debate, which Keynes started back in the 1930s, is being picked up again, not where it left off, but in exactly the same place it started. While Keynesian theories were...

Persistent link: https://www.econbiz.de/10013115212

Balanced Budget Rules and Fiscal Outcomes : Evidence from Historical Constitutions

Asatryan, Zareh - 2016

This paper studies the long-run fiscal consequences of balanced budget rules (BBR) that are enshrined in a country's constitution. Using historical data dating back to the 19th century and applying a difference-in-difference approach we find that the introduction of a constitutional-BBR reduces...

Persistent link: https://www.econbiz.de/10012992704

What Kind of State in Our Future? Fact and Conjecture in Vito Tanzi's Government Versus Markets

Wagner, Richard E. - 2013

This is a review essay on Vito Tanzi's "Government versus Markets: The Changing Economic Role of the State." The bulk of this book looks backward on the relative growth of government from late in the 19th century until recent times when that growth seems to have stopped in many places. Tanzi...

Persistent link: https://www.econbiz.de/10013087949

The Protective State : A Grave Threat to Liberty

Coyne, Christopher J. - 2018

James Buchanan's protective state emerges at the constitutional level and protects the core rights of citizens via internal security, contract enforcement, and defense against external threats. This paper focuses on the potential for the protective state to produce anti-liberty outcomes. I...

Persistent link: https://www.econbiz.de/10012935037

Geopolitics and Asia's Little Divergence : A Comparative Analysis of State Building in China and Japan after 1850

Koyama, Mark; Moriguchi, Chiaki; Sng, Tuan-Hwee - 2015

We provide a new framework to account for the diverging paths of political development and state building in China and Japan during the second half of the nineteenth century. The arrival of Western powers not only brought opportunities to adopt new technologies, but also fundamentally threatened...

Persistent link: https://www.econbiz.de/10014132189

The War on Drugs in Afghanistan : Another Failed Experiment with Interdiction

Coyne, Christopher J.; Hall, Abigail R; Burns, Scott - 2016

Following the start of the war on terror in 2001, U.S. policymakers determined that winning the war on drugs in Afghanistan was necessary for winning the war on terror. Yet despite spending $8.4 billion on drug interdiction in Afghanistan since 2002, opium production has grown substantially. We...

Persistent link: https://www.econbiz.de/10014135359

Bilateral Trade and Shocks in Political Relations : Evidence from China and Some of its Major Trading Partners, 1990–2012

Du, Yingxin - 2014

An extensive number of studies investigate the effects of political relations on trade by estimating a gravity model using annual (or quarterly) data. We argue that the use of low-frequency data introduces an aggregation bias because the cycle of moderate political shocks is much shorter...

Persistent link: https://www.econbiz.de/10013040073