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Is the Supreme Court the Guardian of the Constitution?
Beside the Golden Door
"I lift my lamp beside the golden door!"—the last line of Emma Lazarus's famous poem invites immigrants to enter a land of economic opportunity. Many have accepted that invitation; …
Antitrust Consent Decrees in Theory and Practice
For over one hundred years, the antitrust consent decree has been a major weapon in the federal enforcement of antitrust laws. In Antitrust Consent Decrees in Theory and Practice, …
The First Measured Century
Most history tells the story of the past through anecdotes, but anecdotes do not always present an accurate or complete picture. There is another way to look at history. The rise …
Agricultural Policy in Disarray
From any coherent policy perspective, agricultural policy in the United States is in total disarray. Not surprisingly, persistent and pervasive rent-seeking by well-funded lobbies …
Securing a Safer Blood Supply
High Loan-to-Value Mortgage Lending
The authors weigh the functions of this industry, its practices and policies, and the changing nature of the consumer finance marketplace to determine whether limiting such lending …
Reform Medicaid First
As Congress contemplates major revisions to America's health care system, two leading health economists warn that significant differences among state Medicaid programs will hinder …
Britain at the Polls, 1979
In Our Hands
Imagine that the United States were to scrap all its income transfer programs-including Social Security, Medicare, and all forms of welfare-and give every American age twenty-one …
Policy and Economic Performance in Divided Korea During the Cold War Era: 1945-91
The Korean peninsula during the Cold War provided a cruel but historically unparalleled real-world “experiment” in the relationship between polity and material advance: an …
Inequality in Living Standards Since 1980
Studies of wage and income inequality among U.S. citizens over the past thirty years have engendered the common wisdom that the rich are getting richer and the poor are getting …