The welfare economics of markets, voting, and predation
著者
書誌事項
The welfare economics of markets, voting, and predation
Manchester University Press, c1992
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注記
Includes index
内容説明・目次
内容説明
This work dwells upon two themes, each of which differs from traditional welfare economics - predation or taking (as a source of inefficiency in the economy) and the tension between voting and markets as alternative methods of decision-making. Predation is seen as a form of economic theft on the part of either the public or the private sector, for example, where theft, banditry, rent-seeking, over-use of common property and, in some cases, advertising, speculation and litigation exemplify private sector taking because they waste resources in competition over a fixed prize and, conversely, where tariffs favouring one industry at the expense of others, subsidies to politically powerful groups or firms, over-expansion of departments of government at the instigation of influential bureaucrats, reservation of jobs for members of a privileged community are instances of public sector taking.
目次
- A change of emphasis
- the rise and fall of the public sector in the estimation of the economists
- anarchy
- despotism
- the liberal society
- transitions
- departures from efficiency in the private sector of a liberal society
- the public sector in a liberal society
- predatory government.
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