Following the passage of the Banking (Special Provisions) Act 2008, the UK government began a process of consultation to review existing legal powers for the handling of banks and financial institutions that had encountered financial difficulties or were facing insolvency as a result of the...

We investigate the contemporaneous mortality consequences of alcohol prohibition laws introduced in America between 1900 and 1920. We improve on existing studies by constructing a time-varying measure of prohibition at the state-level that corrects for the timing of prohibition enforcement and...

We develop a rational expectations model of placebo effects. If subjects in seemingly-ideal single-stage RCTs form rational beliefs about breakthroughs based upon personal physiological responses, mental effects differ across medications received, treatment versus control. Consequently, the...

The essay provides a brief overview of the transition that occurred in major legal systems from golden share to golden power provisions in order to protect national strategic interests in the economic field, with a focus on Italy. A closer look is then dedicated to a recent proposal for an EU...

If algorithms are to be the policy analysts of the future, the policy metrics they produce will require careful validation. This paper introduces a new dataset that assists in the creation and validation of automated policy metrics. It presents a corpus of laws that have been redrafted to...

In 2007, Francis Fukuyama wrote that “the European Union more accurately reflects what the world will look like at the end of history than the contemporary United States. The EU’s attempt to transcend sovereignty and traditional power politics by establishing a transnational rule of law is...

Between 1869 and the early 1900s state governments regulated safety in mines and factories and reformed the liability for accidents. Reformers sought to reduce workers' risks and ensure that those involved in accidents received reasonable medical care and compensation for lost earnings. Yet...

We examine government cartelization efforts in crude oil production. Texas and Saudi Arabia are alleged to act as swing producers to maintain the interstate (1933-1972) and OPEC (1973 on) oil cartels respectively. We analyze the political constraints that affected the ability of Texas and Saudi...

We describe RegData 3.0, a database released by the RegData Project at the Mercatus Center at George Mason University on August 31, 2017, for the purpose of facilitating third-party usage. We explain the primary features of the database, describe the methodology used to build it, and list the...

In this paper we introduce RegData Australia (RDAU1.0) and present some preliminary and comparative findings using this new panel. RDAU1.0 applies the RegData method to create a unique Australian database that extends from 1997 to 2012. RegData uses text analysis to quantify restrictive clauses...