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Paper or Plastic? The Effect of Time on Check and Debit Card Use at Grocery Stores
Elizabeth Klee
Издател: Board of Governors of the Federal Reserve System
Time is a significant cost of conducting transactions, and theoretical models predict that transactions costs significantly affect the type of media of exchange buyers use. However, there is little empirical work documenting the magnitude of this effect. This paper uses grocery store scanner data to examine how time affects consumer choices of
Parchment, Guns and Constitutional Order
Richard E. Wagner
Издател: Edward Elgar Publishing
In this far-reaching and insightful monograph, Richard Wagner exposes the failure of the United States constitution to overcome the tyranny of the majority so feared by the Founding Fathers.
A written constitution is enforceable mainly through the construction of a self-supporting balance of private interests. Using this insight, Professor
Peace, Love, & Liberty
Tom G. Palmer, Editor
Издател: Atlas Economic Research Foundation and Students for Liberty/Jameson Books, Inc.
The essays of this book offer evidence and arguments for peace. The writers advance peace not merely as a moral ideal or even a desrable goal, but as an eminently practical objective. The essays are anchored in sound history, economic reality empirical psychology, political science, and hard-headed logic, as well as art and the aesthetic
Pension Provision: Government Failure Around the World
collective
Издател: IEA
This monograph surveys the results of government intervention in the market for retirement income provision throughout the world. The authors begin by looking at high-income democracies in which governments have, to a large degree, taken over the function of providing pensions.
They find that state provision crowds out private provision and
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