From fingerprinting to criminal sentencing, from lawyer licensing to judicial selection, and from eminent domain to wealth transfers via class-action lawsuits, how do perverse incentives impact the law and what reforms would create a more just and efficient legal system?
Independent Institute Research Fellow Edward Lopéz, Associate Professor of Law and Economics at San Jose State University and editor of the new Institute book The Pursuit of Justice, talks with Institute President David Theroux about the faulty incentives at the heart of government legal failures and whether market-based alternatives can provide viable solutions to the serious problems caused by the bureaucratization and politicization of the law.
An Independent Policy Forum held on 3/7/08. Peter L. Hays, Associate Director of the Eisenhower Center for Space and Defense Studies, and Theresa Hitchens, Director of the Center for Defense Information, discuss the implications that the U.S. takedown of a malfunctioning satellite have for a potential arms race in space.
Did the United States test an anti-satellite weapon when it shot down an out-of-control spy satellite earlier this month? Or was it a precautionary measure to protect people on the ground who might have been hit with a fuel tank filled with a poisonous gas?