Why is There so Little Money in U.S. Politics?

Winning by Default: Why is There So Little Competition in Government Procurement?

In government procurement auctions, eligibility requirements are often imposed and, perhaps not surprisingly, contracts generally have a small number of participating bidders. To understand the effects of the restrictions of competition on the total cost of government procurement, we develop, identify, and estimate a principal-agent model in which the government selects a contractor to undertak...

Supplementary Appendix to “winning by Default: Why Is There so Little Competition in Government Procurement?”

Why Believe That There Is a God?

This article presents an argument for the existence of God, showing that the evident phenomena are best explained by supposing that a God causes them. The argument is based on the inductive force of four very evident general phenomena: that there is a physical Universe; that it is governed by very simple natural laws; that those laws are such as to lead to the existence of human bodies; and tha...

O10: Why Preschool Education Programs Is So Important

Neurological development is largely a result of the learning that takes place starting at birth and during the earliest years of life. Child Care and Preschool Education Programs are key to predicting ultimate success in school and life. Children who attend preschool or other early education programs have enhanced cognitive, verbal, and social development (which is maintained into the first few...

Why is so Little Spent on Educating the Poor ?

If the poor are to benefit from economic growth, then they need the skills that are in growing demand, and the capacity to raise their productivity as smallholder farmers and micro-entrepreneurs. Yet, the poor seldom receive a satisfactory education. Too little is spent on primary education—the category of education of most direct benefit to the poor—while on average public subsidies to seconda...