This note provides a modern story for principles instructors to use as a supplement to textbook accounts of problems associated with externalities and the applicability of the Coase theorem. Our story begins in July of 1988, when Larry Ellison paid $3.9 million for a home in the Pacific Heights...

There is a debate regarding the impact of swing or independent voters in American politics. While some argue that swing voters either do not swing or have a marginal impact on campaigns, the decline in voter partisan identification and the rise of independents means that they have a potential...

This study empirically attempts to identify key factors determining the settlement patterns of undocumented immigrants within the United States. The estimations imply that undocumented immigrants appear to settle in states that border the Atlantic Ocean, Pacific Ocean, or the Gulf of Mexico, and...

This study of the impact of economic freedom on per capita real GDP among OECD nations over the 2003-2006 period, with each OECD nation during this time frame being treated as a de facto “economic region” within the OECD, finds strong initial support for the hypothesis proffered here that...