The literature on British economic history presumes thatBritain was a free trader after the repeal of the Corn Lawsand that her tariff levels were thus below those which wereoptimal for maximizing utility. Presumably, if the optimalBritish tariffs had been positive and greater than the...

Can the market provide law enforcement? This paper addresses this question by analyzing an historical case study: the system of private prosecutions that prevailed in England prior to the introduction of the police. I examine why this system came under strain during the Industrial Revolution,...

This paper examines the political economy of epidemic disease. First, it outlines the incentive and information problems facing policymakers in responding to a new epidemic. Second, it considers the existence of a possible tradeoff between public health and freedom. Informed by a survey of the...