This Issue:

Summer 2024
ISSN: 0890-913X
Volume XXXIX,
Number 2

Journal Editors

Editor - Edward P. Stringham, Trinity College

Associate Editor - Diana W. Thomas, Creighton University

Associate Editor - Alexander William Salter, Texas Tech University

Production Manager - Harry David

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.

The Journal invites submissions at our Editorial Manager portal. There is no submission fee.

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.

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.

A subscription to the Journal is included with membership in The Association of Private Enterprise Education. Individual and library subscriptions without APEE membership can be purchased for $24 per year by contacting Edward P. Stringham, Editor, The Journal of Private Enterprise, Trinity College, 300 Summit Street, Hartford, CT 06106 . Past Issues of The Journal of Private Enterprise are available at that address for $10.00 a copy plus $2.00 postage.




Editorial Board
Peter Boettke, George Mason University
William Butos, Trinity College
J.R. Clark, University of Tennessee at Chattanooga
Christopher Coyne, George Mason University
Ramon P. DeGennaro, University of Tennessee
Pierre Garello, Université Aix-Marseille III
Gerald A. Gunderson, Trinity College
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
Claudia Williamson, University of Tennessee at Chattanooga
Andrew Young, Texas Tech University