This Issue:

Fall 2021
ISSN: 0890-913X
Volume XXXVI,
Number 3

Journal Editors

Editor - Edward P. Stringham, Trinity College

Associate Editor - Diana W. Thomas, Creighton University

Associate Editor - Alexander William Salter, Texas Tech University

Associate Editor - Claudia Williamson, University of Tennessee at Chattanooga

Production Manager - Amy Fontinelle

The Association of
Private Enterprise Education

The Journal of Private Enterprise is a quarterly, double blind, peer-reviewed academic journal published by The Association of Private Enterprise Education (APEE). The Journal of Private Enterprise brings together scholars in such fields as economics, management, entrepreneurship, marketing, finance, ethics, religion, and education who have done research on topics pertaining to systems of private enterprise worldwide. The journal is listed in ABI/INFORM-ProQuest, Cabell’s, Cengage/ThomsonGale, EBSCO, EconLit, the Journal of Economic Literature, Public Affairs Information Service, Research Papers in Economics (RePEc), 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 Journal invites submissions for a small fee. Papers presented at APEE Annual Meeting receive a waiver. Each year, the Editorial Board selects one article to receive the Best Paper Award and one article to receive the Best Educational Note Award. The awards are presented at the APEE Annual Meeting.




Editorial Board
Peter Boettke, George Mason University
William Butos, Trinity College
J.R. Clark, University of Tennessee at Chattanooga (retired)
Christopher Coyne, George Mason University
Ramon P. DeGennaro, University of Tennessee
Pierre Garello, Université Aix-Marseille III
Gerald A. Gunderson, Trinity College (retired)
James Gwartney, Florida State University
P. J. Hill, Wheaton College
Kim Holder, University of West Georgia
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
Michael Munger, Duke University
Gerald P. O'Driscoll, Cato Institute
Mark Pennington, King's College London
Benjamin Powell, Texas Tech University
Douglas Rasmussen, St. John’s University
Anja Shortland, King's College London
Vernon Smith, Chapman University
Siri Terjesen, Florida Atlantic University
Clifford Thies, Shenandoah University
Lawrence H. White, George Mason University
Andrew Young, Texas Tech University