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Litigation has turned into an instrument that of consumer protection in Europe. However, the institutional and political barriers for adversarial legalism American style are high in European countries...
The article examines to what extent the partial retreat of corporatist actors from the policy-making process offers opportunities for think tanks to fill the gap that has emerged. In a European perspe...
The debate about the merits of the redistributive state generally focuses on the proper trade-offbetween more income equality and more total income. The questions are familiar. What is the optimal ...
The attention of U.S. taxpayers temporarily was drawnto the problems of federal deposit insurance in mid-January 1989 by the Treasury Department’s short-lived proposal to make the costs of federal ...
THE LIMITS OF MACROECONOMICS     LIMITS  MACROECONOMICS       2008/11/25
THE LIMITS OF MACROECONOMICS。
Term limits are an important aspect of the U.S. political system. Since 1990, 21 states havepassed congressional term limit laws.’ Term limits on governors have been common since the fonnding of the...
The U.S. Constitution was written with the market revolution in England in mind, in which the power of the Crown to establish economic monopolies, then known generally as patents, was severely rest...
I used to attend Cato’s monetary conferences in the 1980s when I ran the Richmond Fed’s Baltimore Branch, just up the road. The persistent criticism was hard to take, especially when it came from o...

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