In this paper, Chris Coyne argues that Tullock’s analysis of bureaucracy is as relevant as ever. To support this claim, the author focuses on U.S.-led reconstruction efforts which attempt to export liberal democracy via military occupation.

Introductory essay written on the occasion of Professor Tullock's reception of the Lifetime Achievement Award from the Fund for the Study of Spontaneous Order at the Atlas Economic Research Foundation.

The recent financial crisis has provoked a raft of contending claims as to whether the cause of the crisis is better attributed to market failure or political failure. Such claims are predicated on a presumption that markets and polities are meaningfully separate entities. To the contrary, we argue that contemporary…

Buchanan´s notion of “parental socialism” refers to the attitude of many persons who are “afraid to be free” and do not want to face "responsibility for their own actions". His diagnosis is that this behavioral fact triggers the demand for a Welfare State, thus extending collective activities over individual liberties. Salinas claims that this psychological assumption is in tension with Buchanan´s public choice perspective: if what people pursue is wealth maximization, they will try to partially minimize the risks and costs linked to that objective by shifting the burden of welfare provision onto the State.

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 speaks to the possibility of how government ownership of private firms can pervert the accountability of both government and business.

This paper is Peter J. Boettke's speech at the twelfth Sir Ronald Trotter Lecture in New Zealand. Sir Ronald Trotter was the first chairman of the New Zealand Business Roundtable, who was knighted in 1985 for services to business. The Sir Ronald Trotter Lecture was instituted in 1995 by the New Zealand Business Roundtable to mark Sir Ronald Trotter’s many contributions to public affairs in New Zealand. It is given annually by a distinguished international speaker on a major topic of public policy.