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The Cuban Revolution and Infant Mortality: A Synthetic Control Approach
Abstract The Cuban government often boasts that the country’s infant mortality rate has been low and falling since Fidel Castro’s revolution in 1959. However, because many Latin American countries…
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Why Consider the Lighthouse a Public Good?
Was the lighthouse ever a public good? The lighthouse is presented as the quintessential public good as it was inherently non-excludable and non-rivalrous. Since the work of Ronald Coase (1974) on…
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The lightship in economics
What role does government play in the provision of public goods? Economists have used the lighthouse as an empirical example to illustrate the extent to which the private provision of public goods is…
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Were Wages That Low? Real Wages in the Strasbourg Region Before 1775
Robert Allen characterized the region of Strasbourg in France in the period before 1789 as exceptionally poor. New evidence suggests, however, that Allen underestimated wage levels because of a…
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The heights of French‐Canadian convicts, 1780s–1820s
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Economic Freedom and the Economic Consequences of the 1918 Pandemic
The Spanish flu pandemic of 1918 constituted a strong exogenous shock on economic activity that compounded that of the First World War. In this paper, we condition the economic importance of these…
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The equally “bad” French and English farmers of Quebec: New TFP measures from the 1831 census
ABSTRACT New TFP estimates drawn from the neglected census of 1831 for Lower Canada are used to test the controversial (but still dominant) traditional “poor French farmers” explanation for a…
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Who are the champions? Inequality, economic freedom and the Olympics
Abstract Does inequality affect outcomes? To answer, we use the microcosm of Olympic competitions by asking whether a country's level of inequality diminishes its performance. If it does, is it…
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Market Theory and the Lighthouse System
In this chapter, we point out that Kirzner’s focus on the market process and entrepreneurial alertness to profit opportunities that come from improving allocative efficiency (or pushing back the…
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The Lighthouse Debate and the Dynamics of Interventionism
Coase’s publication of “The Lighthouse in Economics” (1974) sparked a polarizing debate over his claim that government intervention is not necessary for the existence of a private lighthouse market.…
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