Many people believe that Somalias economy has been in chaos since the collapse of its
national government in 1991. We take a comparative institutional approach to examine
Somalias performance relative to other African countries both when Somalia had a
government and during its extended period of anarchy. We find that although Somalia is
poor, its relative economic performance has improved during its period of statelessness.
We also describe how Somalia has provided basic law and order and a currency, which
have enabled the country to achieve the coordination that has led to improvements in its
standard of living.
THE ECONOMICS OF IMMIGRATION: Market-Based Approaches, Social Science, and Public Policy
Few topics in current affairs are as contentious as immigration. Yet despite the controversies, social scientists who study immigration largely agree about its effects, whatever differences they may have about how a nation should change its policies. Their findings, however, have been buried in academic journals accessible only to other scholarsuntil now. With the publication of The Economics of Immigration: Market-Based Approaches
, Social Science, and Public Policy, edited by Benjamin Powell, readers can now easily access the substance of the vast scholarly literature about a subject that touches millions of lives.