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Madmen, Intellectuals, and Academic Scribblers
Madmen, Intellectuals, and Academic Scribblers presents a simple, economic framework for understanding the systematic causes of political change. Wayne A. Leighton and Edward J. López take up three interrelated questions: Why do democracies generate policies that impose net costs on society? Why do such policies persist over long periods of time, even if they are known to be socially wasteful and better alternatives exist? And, why do certain wasteful policies eventually get repealed, while others endure? The authors examine these questions through familiar policies in contemporary American politics, but also draw on examples from around the world and throughout history. Assuming that incen...
From the Hearts of Poets
A collection of poetry from three generations of the one family.
Draw or Drag
There are some men who play life as safe as it can be played, satisfied with their thirty a month and beans, satisfied to take orders, to have each twenty-four hours planned for them by someone else and to wind up their days riding the grub line and swamping out a saloon. But there are other men who risk everything from their daily sweat to their lives for a chance to own their outfits, to live as free as the wind that daily blows across the Plains. Such a man was Dan Reardon. This book is the story of how this man worked for his land and of how he fought a ruthless and powerful neighbor to keep it in a time when the only law was what each man made for himself.
Property Rights to Radio Spectrum in Guatemala and El Salvador
In most countries, wireless communications rely on administrative allocation of radio spectrum. The inefficiencies associated with this centralized approach have led economists, starting with Coase in 1959, to suggest 'propertyzing' radio spectrum. Critics of this approach assert that property rights impose prohibitive transaction costs and inhibit development of wireless services. Reforms enacted in Guatemala (in 1996) and El Salvador (in 1997) have largely implemented policies suggested by Coase, yielding a natural experiment. Evidence generated in the mobile telephone market suggests that these regimes are associated with a relatively high degree of competitiveness, and correspondingly high rates of deployment, while appearing to avoid high transaction costs in the public or private sectors. We conclude that these liberal reforms tend to produce results consistent with Coase's policy conjecture.
Law Man
None
Bitter Wind
When you live the sort of life I do -- the life of a hired gun -- you start to figure you can handle any tough hand who comes along. But the tough hand I had to drill right between the eyes just happened to be a Flynn. And even though it was self-defense, there's no way his pa and the rest of the clan wouldn't come after me. In a wild race across the frozen prairie, their first bullet killed my horse and their second caught me right in the thigh. But it was what happened next that changed my life forever. . . .
