Peter Leeson analyzes the legal and economic issues of the current piracy threat that is plaguing international seas.

The rise and fall of the Antilles' offshore financial sector provides insight into the current struggle between onshore and offshore governments over the role of offshore financial centers like the Antilles within the global economy.  How offshore financial centers react, and whether they have learned the lessons of the Antilles' experience will play a major role in determining the future of the global offshore financial sector.

Patrick A. McLaughlin, Research Fellow here at the Mercatus Center, contributed to this book with a chapter on analyzing the role of trade aggreements in spurring global trade and regional development.

This Policy Primer examines the origins and validity of the food miles concept.

The fatal conceit is the assumption the world can be shaped according to human desires.  With the collapse of socialism, central planning has been discredited as a viable means of economic organization.  However, the fatal conceit of central planning continues through foreign interventions in the form of foreign aid and foreign military interventions.

In Alliance Curse, Hilton Root illustrates how misguided foreign aid policy can backfire, stunting rather than advancing political and economic development, and poisoning relations instead of capturing hearts and minds. Partnering with dictators can produce perverse disincentives for those regimes to govern for prosperity, resulting in corruption, economic failure, and instability. These policies contradict America’s image as the champion of freedom and democracy, making the developing world even more wary of its intentions.