What is the Tiebout hypothesis?

What will be an ideal response?

The Tiebout hypothesis suggests that an efficient mix of public goods is produced when local land or housing prices and taxes come to reflect consumer preferences just as they do in the market for private goods.

Economics

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A study by Price Fishback and Shawn Kantor of the University of Arizona shows that after the passage of workers' compensation laws, wages received by workers in the coal and lumber industries fell

Source: Price V. Fishback and Shawn Everett Kantor, "Did Workers Pay for the Passage of Workers' Compensation Laws?" Quarterly Journal of Economics, Vol. 100, No. 3, August 1995

Economics

Make the case for and against an independent Federal Reserve

What will be an ideal response?

Economics