If to behave commercially is to act like a for-profit firm, then the ultimate expression of commercialism for a nonprofit is to convert its legal status to the for-profit form. Conversion is increasingly common, most notably in health care, and is now attracting considerable public attention....

In many industries, such as higher education, hospitals, and museums, nonprofit organizations control great wealth. Public and private donations, tax subsidies, and volunteered services have typically made that wealth accumulation possible. In return for the various forms of assistance,...

We show that, if the utility function is non-homothetic, environmental taxes can have positive non-environmental effects. These effects are illustrated with specific reference to taxes on gasoline and tobacco, in the context of a computational model. We also clarify the relationship between the...