Lessons from 19th Century Cronyism

Lessons from 19th Century Cronyism

Politicians often support “industrial policy,” which means they get to grant special favors to well-connected companies or industries. But as explained by Professor Burton Folsom, this approach didn’t work very will in the 1800s. It’s not surprising, of course, that...
Evidence for Charter Schools

Evidence for Charter Schools

I’m a huge fan of school choice. Simply stated, private schools deliver far superior results for children compared to costly and bureaucratic government schools. Moreover, given the way minorities are poorly served by the status quo, school choice should be the civil...