The most important cost of saving lives can be that it increases the number of people who die. An interesting case in point concerns government attempts to rescue mountain climbers on Mt. McKinley. Here government agencies are caught in Gordon Tullock's "transitional gains trap." Rescue policy...

One controversial aspect of the current Social Security system has been the relative distribution of its net costs and benefits between employers and workers. Using simple supply and demand analysis, we demonstrate that proponents and opponents of the current system are making arguments that...

This study empirically extends the Tiebout hypothesis of 'voting with one's feet' in two ways. First, it provides updated estimates using net migration data for the period 2000--2008. Second, in addition to investigating variables reflecting public education outlays, property taxation and income...