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In
October 2009, the Royal Swedish Academy of Sciences announced that it had
awarded the Nobel Prize for Economic Sciences to Indiana University
professor Elinor Ostrom. Ostrom, who passed away in…
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Instead of asking “What is going on and why?” or “What should be done?” (the most typical
questions in the social sciences), a citizen must ask “What should we…
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This lecture is based on a soon-to-appear book of stories about
institutions and how they sometimes fail to perform in ways
we expect. Institutions have figured prominently in theories of
politics…
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Scholarship on totalitarian regimes moved away from the victimology model. Subjects of
national socialist and communist dictatorships seem to have acted in dialogue with the powerful
state. Many…
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We analyze how institutions determine the emergence, organization, and strategies of interest
groups, as well as their impacts on economic performance. In early self-interest models of…
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We analyze the economic determinants and long-run e↵ects of prior appropriation
surface water rights from 1852 to 2013 and show how formal property rights developed
to generate the discovery…
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“Public utility” and “natural monopoly” have been misused in U.S. telecommunications policy debates.
Opponents of network neutrality mischaracterize common carriage…
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In his article “Virginia, Rochester, and Bloomington” (Public Choice, 1988), William C. Mitchell wrote:
Aside from the family analogy, it seems that three schools of thought have…
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Conventional wisdom holds that democracy endures in rich countries but is unstable in poor
ones. Building on Ansell and Samuels (2014), we suggest that the sources of democratic stability
lie not…
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