Will the Internet Bring Electronic Services to the Home?

Few topics have attracted more hype than the Internet. This article provides a rare long-term perspective. It starts with an account of a century of failed visions and applications: the Internet itself operated in obscurity for two decades. However, in the rest of the article, the author documents why he thinks interactive home services may now at last take off, draws some general lessons from past experience and indicates the next areas for growth.     

Drug Prohibition and Individual Virtue

As far as economics is concerned, the market for drugs, as in all other cases, maximizes the welfare of all who participate in it, at least in the ex ante sense. Legalization—like the repeal of alcohol prohibition—will also help solve drug related problems such as crime, impurities leading to death and child abuse. Nor does it follow from the fact that such substances are addictive and harmful that using them must be coercive, and should be banned. Also rejected is the ‘public health’ argument that legalization would result in too great a rate of addiction.     

Double Dutch Finally Fixed? A Large-Scale Investigation into the Readability of Mandatory Financial Product Information

Journal of Consumer Policy - With the introduction of short-form disclosure documents, financial regulation in the EU emphasizes the use of plain language to facilitate comprehensibility....     

CEO chairman controversy: evidence from the post financial crisis period

Review of Quantitative Finance and Accounting - Regulators generally discourage bank CEOs also holding the role of board Chairman, as this governance structure can hinder independent...