Calculating the police against citizen homicide rate

by Edward Stringham We hear of high profile cases of police killings, but few look at the larger picture of how often American citizens are killed by police. What is the rate at which police kill citizens and how does that compare to other homicide rates? Although official statistics have historically been scant, we now … Continue reading Calculating the police against citizen homicide rate

An Appreciation: James M. Buchanan (1919-2013)

by Shruti Rajagopalan*  James M Buchanan, who died last week at age 93, was one of the most profound thinkers of our age. Few Indians would be familiar with his academic contributions or even recognize his name. Yet, the insights from his research would strike a chord with every Indian navigating the inefficiencies and excesses … Continue reading An Appreciation: James M. Buchanan (1919-2013)

James M. Buchanan: A Preliminary Appreciation

by Mario Rizzo The great economist James M. Buchanan died today at 93. I am still too stunned to write a proper appreciation of his tremendous contributions to economics and, indeed, to moral philosophy. Buchanan won the Nobel prize in Economics in 1986. But even this does not capture his greatness. There have been many Nobel … Continue reading James M. Buchanan: A Preliminary Appreciation

In Favor of Across-the-Board Cuts in Government Spending

by Mario Rizzo I am not sure which is worse: superstitions based on science or superstitions pure and simple. Many people would react to across the board cuts in government spending by saying something like: “This is crazy; some things are more important than others. We should cut the less important things first.” And, indeed, … Continue reading In Favor of Across-the-Board Cuts in Government Spending