Peter Leeson | Mar 01, 2011
For over a century England's judicial system decided land disputes by ordering disputants' legal representatives to bludgeon one another before an arena of spectating citizens. The victor won the property right for his principal. The vanquished lost his cause and, if he were unlucky, his life. People called these combats trials by battle. This paper investigates the law and economics of trial by battle.
Peter Leeson | Jul 09, 2010
For over a century England's judicial system decided land disputes by ordering disputants' legal representatives to bludgeon one another before an arena of spectating citizens. People called these…
Peter Leeson | Jun 01, 2010
Perhaps most important in bringing pirates to their end was a series of early 18th-century legal changes that made it possible to effectively prosecute them. This short paper’s purpose is to recount those legal changes and document their effectiveness. Its other purpose is to analyze pirates’ response to the legal changes designed to exterminate them, which succeeded, at least partly, in frustrating the government’s goal.
Peter Leeson | Apr 06, 2010
For 400 years the most sophisticated persons in Europe decided difficult criminal cases by putting the defendants through ordeals. I argue that ordeals accurately assigned accused criminals guilt…
Garett Jones, Katelyn Christ, | Feb 03, 2010
Policymakers continue to seek viable alternatives to resolve large insolvent financial institutions. A better option is speed bankruptcy: a process of converting some long-term debt into equity, a…
Peter Leeson | Sep 30, 2009
According to conventional wisdom, self-governance cannot facilitate order between the members of different social groups. This is considered doubly true for the members of social groups that are avowed enemies of one another. This paper argues that it can.

Testimony & Comments

J. W. Verret | May 04, 2010
Professor J.W. Verret discusses the question of fiduciary duties for Wall Street brokers and the possible implications new regulations could have on markets.
J. W. Verret | Apr 29, 2010
In this testimony before the Senate Committee on Banking, Housing, and Urban Affairs - Subcommittee on Economic Policy, Professor J.W. Verret discusses the causes of short-termism in today's capital…
J. W. Verret | Mar 11, 2010
In this testimony, Professor Verret notes that current law being considered, H.R. 4537, attempts to contort the securities laws to regulate campaign finance risking and limiting the ability of…
J. W. Verret | Dec 16, 2009
During the financial crisis of 2008, the federal government used taxpayer funds through the Troubled Assets Relief Program (TARP) to buy shares in private firms. In his testimony, Prof. J.W. Verret…
J. W. Verret | Jul 29, 2009
In Congressional testimony, Professor J.W. Verret argues against recent corporate governance proposals because the proposed reform stand in the way of shareholder choice.
J. W. Verret | May 13, 2009


Donald J. Boudreaux is a senior fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University, a Mercatus Center Board Member, and a professor of economics and former economics-department chair at George Mason University. He holds the Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center. He specializes in globalization and trade, law and economics, and antitrust economics.
Jerry Brito was a senior research fellow at the Mercatus Center at George Mason University and director of its Technology Policy Program. He also serves as an adjunct professor of law at George Mason University. His research focuses on technology and Internet policy, copyright, and the regulatory process.
Kevin McCabe is a scholar at the Mercatus Center and a professor of economics and law at George Mason University. His primary research interests are neuroeconomics, experimental economics, economic systems design, and social change.
William P. Ruger is an assistant professor in the political science department at Texas State University. He has been an affiliated scholar with the Mercatus Center at George Mason University since 2008.
Jason Sorens is an assistant professor in the political science department at the University at Buffalo (SUNY). He has been an affiliated scholar with the Mercatus Center at George Mason University since 2008. …


Jerry Brito | March 12, 2013
Marvin Ammori, a fellow at the New American Foundation and author of the new book On Internet Freedom explains his view of how the First Amendment applies the Internet through the lens of constitutional law and real world case studies.

Recent Events

Join us for this Continuing Legal Education course discussing the scope of Congressional power to regulate health care as part of the commerce clause of Article 1, Section 8 of the U.S. Constitution.


| Aug 01, 2011
This two-part series shows how economics contributes to understanding the spontaneous development of common law as well as the nature of legal rights.

Media Clippings

Jeff Milyo, Adriana Cordis | Apr 23, 2013
Adriana Cordis and Jeff Milyo's working paper, "Do State Campaign Finance Reforms Reduce Public Corruption?" cited at The Examiner.
Jerry Brito | Jul 25, 2012
Jerry Brito is quoted discussing the cronyism of copyright laws.
Todd Zywicki | May 12, 2011
Todd Zywicki's Wall Street Journal column is cited in a Washington Examiner article about the effect of Japanese natural disasters on General Motors.
Todd Zywicki | Mar 23, 2011
Todd Zywicki writes about the auto bailout and the rule of law in National Affairs…
Veronique de Rugy | Feb 25, 2011
Veronique de Rugy discussed the possibility of a Constitutional budget amendment to balance the federal budget on Bloomberg TV.
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