An emerging labor economics literature examines the consequences of firms exercising market power in local labor markets. The extent of this market power is likely to vary across local labor markets.

For years, the only supermarket serving the Pine Ridge Indian Reservation in southwest South Dakota was run-down and a threat to public health. Inspectors from the Indian Health Service repeatedly ...

Politicians and commentators love to talk about the importance of small business to the American economy, but who is actually looking out for the little guy? That is what Congress tried to answer when ...

To explore further how the observed differences in the percentage of GDP going to health care might affect volume, quality, and spending, it is important to distinguish between two distinct categories ...

Two erroneous notions have long infected the debate about appropriate public policies for prescription drugs. The first is that patents protecting intellectual property grant monopoly power and keep ...