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Journal Article
Taxing electronic commerce: boon or boondoggle?
Journal Article
State balanced-budget and debt rules
Balanced-budget rules alone are not sufficient to ensure states? long-term fiscal health.
Journal Article
Light rail: boon or boondoggle?
Proponents of such mass transit recite a litany of benefits, but the cost to taxpayers is high.>
Journal Article
Stop paying more for less: ways to boost productivity in higher education
College tuition has increased dramatically over the past decade, yet few think the quality of graduates has kept up. Decentralizing the administration and privatizing such things as housing and food service would boost productivity, as would ditching tenure and improving teaching.
Newsletter
U.S. income inequality: it’s not so bad
Journal Article
The taking of prosperity? Kelo vs. New London and the economics of eminent domain
The forced sale of homes for private development usually results in a zero-sum gain and may actually hinder development in the area, economists have found.
Journal Article
Neighboring cities show job trends that are far apart
Journal Article
Saving for a rainy day?
Journal Article
On the size and growth of government
The size of the U.S. federal government, as well as state and local governments, increased dramatically during the 20th century. This paper reviews several theories of government size and growth that are dominant in the public choice and political science literature. The theories are divided into two categories: citizen-over-state theories and state-over-citizen theories. The relationship between the 16th Amendment to the U.S. Constitution and the timing of government growth is also presented. It is likely that portions of each theory can explain government size and growth, but the challenge ...
Journal Article
Casino gaming and local employment trends
Casino gambling has become a major industry in the United States. Economic development, especially through increases in employment, is the primary justification for casino development in a local area. This article estimates the employment effects of casino gambling for six counties in the Midwest and southern United States using ARIMA forecasting models. The results suggest that rural counties that adopt casino gambling as a major industry experience significant gains in payroll and household employment. The effects are less pronounced in urban counties, partly due to the higher volatility of ...