Economic Affairs

2003 - 2025

Current editor(s): Philip Booth

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Volume 27, month 12, 2007

EDITORIAL: POLICING A LIBERAL SOCIETY pp. 2-3

John Blundell

POLICING A LIBERAL SOCIETY pp. 4-11

John Blundell

A PEOPLE'S POLICE FOR THE TWENTY‐FIRST CENTURY: A REPLY TO BLUNDELL pp. 12-14

Sara Thornton

WILLING THE ENDS BUT NOT THE MEANS: A REJOINDER TO THORNTON pp. 15-16

John Blundell

THE EFFECT OF POLICING STRATEGIES: EVIDENCE FROM THE USA pp. 17-22

Andrew Gimber

COMPSTAT, COMMUNITY POLICING AND THE SCIENCE OF SUCCESS: A MARKET‐BASED APPROACH TO POLICE MANAGEMENT pp. 23-29

Matthew Holian

PRIVATE POLICING AND PRIVATE ROADS: A COASIAN APPROACH TO DRUNK‐DRIVING POLICY pp. 30-38

Bruce Benson

POLICING FOR THE PEOPLE pp. 39-43

Davis David

POLICING IN THE UK AND USA: A BRIEF COMPARISON pp. 44-45

Paul Evans

MEDDLING IN OTHER MEN'S AFFAIRS: THE CASE FOR ANARCHY pp. 46-51

Gerard Casey

PENSIONS, FERTILITY AND FAMILIES pp. 52-57

Oskari Juurikkala

TRANSITION AND POLITICAL MARKETS: POST‐WAR GERMAN VERSUS POST‐SOCIALIST SLOVENIAN RECONSTRUCTION pp. 58-64

Mićo Mrkaić and Rado Pezdir

ECONOMICS AND THE DISTINCTION BETWEEN VOLUNTARY AND COERCIVE ACTION pp. 65-69

Daniel Klein

HOMO DEMOCRATICUS: OR WHY DEMOCRACY SHOULD NOT BE THE OBJECTIVE OF US FOREIGN POLICY pp. 70-73

Katharine Cornell Gorka

THE BUS INDUSTRY IN DANGER pp. 74-76

John Hibbs

RETHINKING PROFESSIONAL REGULATION pp. 77-80

Christian Seibert

FINANCIAL INNOVATION DESTROYS AND CREATES – BUT MOSTLY CREATES pp. 81-81

Tim Congdon

CHINA AND GLOBALISATION pp. 82-82

Razeen Sally

FOR‐PROFIT CHARITIES IN EDUCATION pp. 83-83

James Stanfield

FAKE DRUGS KILL THE POOR pp. 84-84

Roger Bate

MORE HARM THAN GOOD: THE DANGER OF EU GRANTS pp. 85-85

John Meadowcroft

THE DRAGON AND THE ELEPHANT: CHINA, INDIA AND THE NEW WORLD ORDER ‐ by David Smith pp. 86-86

Benedikt Koehler

THE WAL‐MART REVOLUTION: HOW BIG BOX STORES BENEFIT CONSUMERS, WORKERS, AND THE ECONOMY ‐ by Richard Vedder and Wendell Cox pp. 87-88

Art Carden

FANTASY ISLAND: WAKING UP TO THE INCREDIBLE ECONOMIC, POLITICAL AND SOCIAL ILLUSIONS OF THE BLAIR LEGACY ‐ by Larry Elliott and Dan Atkinson pp. 88-88

John Blundell

ECONOMICS AND THE MIND ‐ Edited by Barbara Montero and Mark D. White pp. 88-89

Paul Gunn

IMMIGRANTS: YOUR COUNTRY NEEDS THEM ‐ by Philippe Legrain pp. 89-90

Daniel Griswold

ALEXIS DE TOCQUEVILLE: A BIOGRAPHY ‐ by Hugh Brogan pp. 90-91

Alan S. Kahan

WHEN WASHINGTON SHUT DOWN WALL STREET: THE GREAT FINANCIAL CRISIS OF 1914 AND THE ORIGINS OF AMERICA'S MONETARY SUPREMACY ‐ by William L. Silber pp. 91-92

A. K. Kabiri

RADICALS FOR CAPITALISM: A FREEWHEELING HISTORY OF THE MODERN AMERICAN LIBERTARIAN MOVEMENT ‐ by Brian Doherty pp. 92-93

Tim Evans

INTERNATIONAL ECONOMICS AND CONFUSING POLITICS ‐ by David Robertson pp. 93-94

Christopher Coyne

ESTATES: AN INTIMATE HISTORY ‐ by Lynsey Hanley and THE RISE AND RISE OF MERITOCRACY ‐ Edited by Geoff Dench pp. 94-95

Patricia Morgan

Volume 27, month 09, 2007

EDITORIAL: POVERTY AMIDST AFFLUENCE? pp. 2-5

John Meadowcroft

MEASURING POVERTY – WHAT HAPPENED TO COPENHAGEN? pp. 6-14

Chris Sarlo

MATERIAL DEPRIVATION, THE ‘POVERTY RATE’ AND HOUSEHOLD EXPENDITURE IN MODERN AMERICA pp. 15-23

Nicholas Eberstadt

FROM THE WAR ON POVERTY TO WELFARE REFORM: HOW THE AMERICAN UNDERSTANDING OF THE CAUSES OF POVERTY CHANGED pp. 24-31

Joel Schwartz

CHILDREN, FAMILIES AND THE FAILURE OF UK ANTI‐POVERTY POLICY pp. 32-38

Patricia Morgan

BIG GOVERNMENT: HOW TO CREATE POVERTY pp. 39-45

Johnny Munkhammar

PLANNING GAIN OR MISSED OPPORTUNITY? THE BARKER REVIEW OF LAND USE PLANNING pp. 46-51

John Corkindale

THE ‘INTUITIVE’ LABOUR THEORY OF VALUE IS COUNTER‐INTUITIVE pp. 52-56

Joseph S. Fulda

THE PARADOX OF SLOW‐GROWTH HIGH‐INCOME REGIONS pp. 57-64

Jean‐Luc Migué and Gérard Bélanger

ECONOMIC SANCTIONS: FAILED FOREIGN POLICY TOOL AND A COST TO AMERICAN BUSINESS pp. 65-70

Charles A. Rarick

A MODEL OF GROWTH AUGMENTED WITH INSTITUTIONS pp. 71-74

José Aixalá and Gema Fabro

MAKING TRULY COMPETITIVE CITIES – ON THE APPROPRIATE ROLE FOR LOCAL GOVERNMENT pp. 75-80

Alan Collins

CHALLENGING THE CHALLENGERS: A REVIEW OF SERENA OLSARETTI'S LIBERTY, DESERT AND THE MARKET AND DANIEL ATTAS'S LIBERTY, PROPERTY AND MARKETS pp. 81-86

Elaine Sternberg

INCENTIVE CONTRACTS FOR POLITICIANS AND BINDING ELECTION PROMISES: REFORM IDEAS FOR DEMOCRACY pp. 87-89

Hans Gersbach

A VISIONARY CRITIC OF SOCIALISM pp. 90-90

Greg Kaza

THE SMITH–HAYEK ECONOMIST: FROM CHARACTER TO IDENTITY pp. 91-95

Daniel Klein

BRITISH EUROSCEPTICISM – A VIEW FROM A CLASSICAL LIBERAL IN NEW EUROPE pp. 96-98

Pawel Lisiewicz

THE COST OF A MOMENTOUS DAY pp. 99-99

Tim Congdon

INDIA AND GLOBALISATION pp. 100-100

Razeen Sally

THE BROKEN UNIVERSITY pp. 101-101

James Stanfield

THE WHO AND HEALTH TARGETS pp. 102-102

Roger Bate

WHO WANTS TO BE A MILLIONAIRE? A GUIDE TO SUCCESSFUL RENT‐SEEKING pp. 103-103

John Meadowcroft

IQ AND GLOBAL INEQUALITY ‐ by Richard Lynn and Tatu Vanhanen pp. 104-105

Christie Davies

THE ECONOMICS AND MANAGEMENT OF SMALL BUSINESS: AN INTERNATIONAL PERSPECTIVE ‐ by Graham Bannock pp. 105-106

Roger Fox

LEVIATHAN ON THE RIGHT: HOW BIG‐GOVERNMENT CONSERVATISM BROUGHT DOWN THE REPUBLICAN REVOLUTION ‐ by Michael D. Tanner pp. 106-106

John Blundell

THE NEW CAPITALISTS: HOW CITIZEN INVESTORS ARE RESHAPING THE CORPORATE AGENDA ‐ by Stephen Davis, Jon Lukomnik and David Pitt‐Watson pp. 106-107

Geoffrey Wood

FIDEL CASTRO: A BIOGRAPHY ‐ by Volker Skierka pp. 107-108

Jackie Newbury

THE PRIVATIZATION OF ROADS AND HIGHWAYS: HUMAN AND ECONOMIC FACTORS ‐ by Walter Block pp. 108-109

Oliver Knipping

Volume 27, month 06, 2007

EDITORIAL: ENTREPRENEURIAL RESPONSES TO POVERTY AND SOCIAL CONFLICT: THE ENTERPRISE AFRICA! PROJECT pp. 2-5

Peter Boettke

THE BUSINESS OF RECONCILIATION: ENTREPRENEURSHIP AND COMMERCIAL ACTIVITY IN POST‐CONFLICT RWANDA pp. 6-13

Karol Boudreaux

MARKETS, INSTITUTIONS AND MILLENNIUM DEVELOPMENT GOALS pp. 14-19

Mwangi Kimenyi

DEVELOPMENT GOES WIRELESS pp. 20-28

Jasson Urbach

HALF A CHEER FOR FAIR TRADE pp. 29-36

Philip Booth and Linda Whetstone

EDUCATING AMARETCH: PRIVATE SCHOOLS FOR THE POOR AND THE NEW FRONTIER FOR INVESTORS pp. 37-43

James Tooley

THE INTERNATIONAL CURRENT ACCOUNT IMBALANCES: A SCEPTICAL VIEW pp. 44-48

Warner Corden

REGIONALISM AND FREE‐MARKET REFORM: THE CASE OF POLAND pp. 49-55

Piotr Zientara

THE FUTURE OF THE NEWS IN THE DIGITAL ERA pp. 56-63

Richard Lambert

THE PATIENT AS CONSUMER: THE ADVERTISING OF PHARMACEUTICALS DIRECTLY TO CONSUMERS SHOULD BE ALLOWED AND ENCOURAGED pp. 64-72

Frank Auton

CHANGING BUSINESS ENVIRONMENTS, INTERNATIONAL TRADE AND REGIONAL INTEGRATION: WHO NEEDS CAFTA? pp. 73-77

Julius M. Walecki

REMEMBERING MILTON FRIEDMAN pp. 78-79

John Greenwood

From Bismarck to Friedman pp. 83-87

Kristian Niemietz

ANSWERING THE QUESTIONS ON LVT pp. 88-89

Fred Foldvary

TRANSPORT PRIVATISATION: PRINCIPLES, PROBLEMS AND PROSPECTS pp. 90-94

John Hibbs

THE RISE OF BUREAUCRATISM: VON MISES’ WARNING – A REVIEW ESSAY ON BUREAUCRACY BY LUDWIG VON MISES pp. 95-97

Alan Peacock

NICE ECONOMY COULD BE ENDED BY ‘SOCIAL PROTECTION’ pp. 98-98

Tim Congdon

EUROPE, TRADE AND GLOBALISATION pp. 99-99

Razeen Sally

THE AUSTRIAN ECONOMICS OF EDUCATION pp. 100-100

James Stanfield

THE COST OF CHEAP DRUGS pp. 101-101

Roger Bate

SHOULD RURAL POST OFFICES BE SUBSIDISED? pp. 102-102

John Meadowcroft

INVESTMENT BANKING: INSTITUTIONS, LAW, AND POLITICS by Alan D. Morrison and William J. Wilhelm Jr pp. 103-103

Geoffrey Wood

LIBERATION BIOLOGY: THE SCIENTIFIC AND MORAL CASE FOR THE BIOTECH REVOLUTION by Ronald Bailey pp. 104-105

Terence Kealey

THE POLITICS OF BSE by Richard Packer pp. 104-104

Elen Stokes

MAKING GLOBALIZATION WORK by Joseph Stiglitz pp. 105-106

Johan Wennström

WHY MOST THINGS FAIL: AND HOW TO AVOID IT by Paul Ormerod pp. 106-107

Tarquin Wethered

LIBERTY & LEARNING: MILTON FRIEDMAN'S VOUCHER IDEA AT FIFTY Edited by Robert C. Enlow and Lenore T. Ealy pp. 107-108

Colleen Dyble

OUR CULTURE, WHAT'S LEFT OF IT: THE MANDARINS AND THE MASSES by Theodore Dalrymple pp. 108-108

Christie Davies

HOW TO LABEL A GOAT: THE SILLY RULES AND REGULATIONS THAT ARE STRANGLING BRITAIN by Ross Clark pp. 108-109

John Blundell

Volume 27, month 03, 2007

EDITORIAL: ISSUES IN FIGHTING FINANCIAL CRIME pp. 2-5

Chizu Nakajima

FIGHTING FINANCIAL CRIME: A UK PERSPECTIVE pp. 6-9

Mike Bowron and Oliver Shaw

FINANCIAL CRIME IN AUSTRALIA pp. 10-13

George Gilligan

CONTROLLING SERIOUS FINANCIAL CRIME: A JAMAICAN PERSPECTIVE pp. 14-17

Shazeeda Ali

THE FUNDING OF TRADITIONAL ORGANISED CRIME IN RUSSIA pp. 18-21

Irina Abramova

FINANCIAL CRIME TRENDS IN CENTRAL AND EASTERN EUROPE pp. 22-26

Nick Ridley

THE PREVENTION OF FINANCIAL CRIME WITHIN AN ISLAMIC LEGAL FRAMEWORK pp. 27-33

Faisal Atbani

FINANCIAL CRIME IN SOUTH AFRICA pp. 34-38

Louis De Koker

THE RECENT REGULATORY RESPONSE TO CORPORATE ECONOMIC CRIME IN THE UNITED STATES: OBSERVATIONS AND COMMENTS pp. 39-43

James A. Millar and Fred C. Yeager

HOW TRADE UNIONS ARE A ROADBLOCK TO POLAND'S ECONOMIC RENAISSANCE pp. 44-51

Piotr Zientara

THE DEVELOPMENT OF THE RIGHT TO BUY AND THE SALE OF COUNCIL HOUSES pp. 52-57

Robin Sillars

AN EXAMINATION OF THE UK LABOUR MARKET FOR DOCTORS pp. 58-64

Roger Fox

THE FUTURE OF MARKET CAPITALISM pp. 65-70

J. L. Porket

SAVINGS IN THE ABSENCE OF FUNCTIONING PROPERTY RIGHTS pp. 71-75

Nick Silver, Emmanuel Acquaah and Oskari Juurikkala

IS THERE AN ALTERNATIVE TO SCHOOL VOUCHERS? pp. 76-78

Douglas Carswell

BUSINESS IMPROVEMENT DISTRICTS: PAST, PRESENT, FUTURE pp. 79-82

Georgina Dawkins and Julie Grail

DEIRDRE McCLOSKEY'S THE BOURGEOIS VIRTUES: ETHICS FOR AN AGE OF COMMERCE pp. 83-85

Peter Boettke

TOO MUCH MONEY CHASING TOO FEW ASSETS SPELLS DANGER! pp. 86-86

Tim Congdon

THE NEW ASIAN DRAMA pp. 87-87

Razeen Sally

MARKET‐BASED MANAGEMENT IN EDUCATION pp. 88-88

James Stanfield

UNHEALTHY CORRUPTION pp. 89-89

Roger Bate

TAX, EQUITY AND REDISTRIBUTION pp. 90-90

John Meadowcroft

GETTING AMERICA RIGHT: THE TRUE CONSERVATIVE VALUES OUR NATION NEEDS TODAY ‐ by Edwin J. Feulner and Doug Wilson pp. 91-91

John Blundell

ADAM SMITH, RADICAL AND EGALITARIAN: AN INTERPRETATION FOR THE TWENTY‐FIRST CENTURY ‐ by Iain McLean and ADAM SMITH AND THE PURSUIT OF PERFECT LIBERTY ‐ by James Buchan pp. 91-93

Craig Smith

REVIVING THE INVISIBLE HAND: THE CASE FOR CLASSICAL LIBERALISM IN THE TWENTY‐FIRST CENTURY ‐ by Deepak Lal pp. 93-94

Daniel Griswold

THE WHIG WORLD 1760–1837 ‐ by Leslie Mitchell pp. 94-95

Robert C. B. Miller

CORRUPTION AND REFORM: LESSONS FROM AMERICA'S ECONOMIC HISTORY ‐ Edited by Edward L. Glaeser and Claudia Goldin pp. 94-94

Ian Senior

SELF‐DETERMINATION: THE OTHER PATH FOR NATIVE AMERICANS ‐ Edited by Terry L. Anderson, Bruce L. Benson and Thomas E. Flanagan pp. 95-96

Richard Wellings

THE ROLE OF TRADITION IN JAPAN'S INDUSTRIALIZATION: ANOTHER PATH TO INDUSTRIALIZATION ‐ Edited by Masayuki Tanimoto pp. 96-97

Colin Newbury

HOW PROGRESSIVES REWROTE THE CONSTITUTION ‐ by Richard A. Epstein pp. 97-97

Kathryn Wilcox