January 29, 2007
Two New Papers Out

I am currently reading papers from the January 2007 issue of Public Choice, which is fantastic. I hope to blog more details soon. For now, a blug on two new papers.

First, my eminent domain paper with Sasha Totah in The Independent Review. We examine the Kelo backlash and evaluate whether state laws in response tend to strengthen property rights. Where state lawmakers eschew symbolic politics and resist rent protection by those with interests in strong eminent domain powers, property rights will be better enforced after Kelo.

Second, "Strategic Institutional Choice: Voters, States and Congressional Term Limits," with Todd Jewell in a forthcoming issue of Public Choice. Paper here (subscription required) Abstract:

States’ choices on term limits are quantified as a multiple-categorical variable capturing variation in the type of limits passed. Measures of relative political influence in Congress explain much of this variation. Using 1992 data on the American states, the model controls for unobserved heterogeneity due to voter access to direct democracy in some states. At 2002 values for congressional tenure and federal spending, the model predicts approximately eight to ten additional states would choose to limit their own members’ terms but cannot under a Supreme Court ruling. We discuss implications for institutional federalism and the potential passage of similar political institutions across the states.
Posted by Edward J. Lopez at 04:34 PM

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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