All Posts Tagged With: "reputation"

The Law Merchant and International Trade

Is the State necessary for flourishing international trade? Conventional wisdom thinks so. According to that wisdom, private international commerce would wither without intergovernmental treaties, State courts dealing with international affairs, and State-crafted legal practices for international merchants. Some commentators have gone so far as to suggest that a world legal system is needed to ensure [...]

21Apr2011 | and and Peter T. Leeson | 3 comments | Continued

Book Reviews – July 2008

  • A Farewell to Alms by Gregory Clark Reviewed by Gene Callahan
  • Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don’t by John Lott Reviewed by Robert P. Murphy
  • Our First Revolution: The Remarkable British Upheaval that Inspired America’s Founding Fathers by Michael Barone Reviewed by Martin Morse Wooster
  • Nanny State: How Food Fascists, Teetotaling Do-Gooders, Priggish Moralists, and Other Boneheaded Bureaucrats Are Turning America Into a Nation of Children David Harsanyi Reviewed by George Leef
1Jul2008 | George C. Leef | 0 comments | Continued

The New Drug War

Seeking to combine the failures of the War on Drugs and the War on Poverty, the U.S. government has now embarked on the War on (Expensive) Prescription Drugs. You see, grannies crossing the northern border in search of cheaper prescription drugs are causing fits at the Food and Drug Administration (FDA). U.S. District Judge Claire [...]

1Apr2004 | Adam B. Summers | 1 comment | Continued

Regulation by Reputation on the Net: Business

Aaron Steelman is a writer in Falls Church, Virginia. When I started collecting sports cards in the early 1980s, there were basically two places to purchase memorabilia: at shops owned by veteran collectors and at shows where dealers from around the country would rent tables to display their goods. Today, the hobby is different. There [...]

1Apr2001 | Aaron Steelman | 2 comments | Continued

The Government Spiral

Eric Nolte is an airline pilot, a writer, and a classically trained pianist and composer of contemporary concert music. The graveyard spiral is a maneuver known to students of airplane accidents as one of the most common reasons that inexperienced pilots unwittingly kill themselves. In this utterly preventable maneuver, a pilot untrained to fly on [...]

1Feb1999 | Eric Nolte | 0 comments | Continued

Reputation: Studies in the Voluntary Elicitation of Good Conduct edited by Daniel B. Klein

University of Michigan Press • 1997 • 318 pages • $57.50 cloth; $19.95 paperback John Attarian is a freelance writer in Ann Arbor, Michigan. “But a free market just can’t police itself. That’s why we need government regulation.” Many people find this argument plausible, even compelling. But how many stop to ask if the first [...]

1Mar1998 | John Attarian | 0 comments | Continued
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