This chart by Veronique de Rugy illustrates the Congressional Budget Office’s long-term baseline projections of federal spending.

As a result of a very long history of discriminatory legislation, black South Africans suffered substantial harms at the hands of past governments. Following the political transition in 1994, the new government implemented land reform policies designed, in part, to satisfy calls for social justice. This paper examines these policies in the context of Hayek's arguments about social justice.

What explains the migration decisions of young adults in the prime years of their working lives, people 25-39 years old, the builders of future economies, those people historian Daniel Boorstin (1974) called the Go-Getters? Are they driven to find emerging knowledge economies where returns to their investment in human capital may be highest? Or are they more oriented toward avoiding high taxes and onerous regulation and finding greater personal freedom? Do people migrating within the United States behave like foreigners migrating to the United States? Does protection of personal freedom matter? In short, what are the knowledge and freedom determinants of migration?

This chart compares the changes in public and private sector employment which have occurred during the past two years.

In this testimony before the House Financial Services Committee, Prof. Todd Zywicki discusses the negative impact of recently-enacted and contemplated future legislation in interfering with a wellfunctioning lending market and in creating an environment of uncertainty that discourages lending.