This Issue:

Spring 2014
ISSN: 0890-913X
Volume XXIX, Number
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Journal Editors

Editor - Edward Peter Stringham, Fayetteville State University

Associate Editor - Gerald Gunderson, Trinity College

Managing Editor - J. R. Clark, University of Tennessee at Chattanooga

The Association of
Private Enterprise Education

The Journal of Private Enterprise is a twice-annual, peer-reviewed journal included in ABI/Inform-Proquest, Cabell's, Cengage/ThomsonGale, EBSCO, EconLit, the Journal of Economic Literature, Handelsblatt Ranking VWL, Public Affairs Information Service, Scopus, and Urlich's.

Since its founding in 1985, the Journal of Private Enterprise has become an important forum for scholarship in private enterprise. It has developed a rich mix of contributors ranging from Nobel Prize winners to promising younger scholars, spanning the full range of areas where private enterprise applies, including economics, entrepreneurship, public policy, history, religion, and philosophy. The importance of spreading economic freedom throughout the world motivated the Journal to expand its international readership. Today the Journal has print subscriptions in two dozen countries on five continents.

The Journal invites submissions for a small fee; papers presented at The Association of Private Enterprise Education (APEE) conference receive a waiver. A subscription to the Journal is included with membership in the Association of Private Enterprise Education. Individual and library subscriptions without APEE membership are available for $24 per year. To subscribe or order back issues, please contact Gerald Gunderson, Associate Editor Journal of Private Enterprise, Trinity College, 300 Summit Street, Hartford, CT 06106. Back issues are available for $10 each plus $2.00 postage. Each year, one article receives the Paper of the Year Award at the APEE conference.

The Editors at the Journal of Private Enterprise graciously thank Universidad Francisco Marroquín for designing and hosting this website.




Editorial Board

Peter Boettke, George Mason University
William Butos, Trinity College
Nicholas Capaldi, Loyola University
Christopher Coyne, George Mason University
Ramon P. DeGennaro, University of Tennessee
Pierre Garello, Université Aix-Marseille III
James Gwartney, Florida State University
Giancarlo Ibárgüen, Universidad Francisco Marroquín
Calvin A. Kent, Marshall University
Peter Kurrild-Klitgaard, University of Copenhagen
Robert Lawson, Southern Methodist University

Dwight R. Lee, Southern Methodist University
Peter Leeson, George Mason University
Carlo Lottieri, Università degli Studi di Siena
Roger E. Meiners, University of Texas at Arlington
J. Wilson Mixon, Berry College
Benjamin Powell, Texas Tech University
Douglas Rasmussen, St. John's University
Mark Schug, University of Wisconsin at Milwaukee
Clifford Thies, Shenandoah University
Lawrence H. White, George Mason University