Beyond politics : markets, welfare, and the failure of bureaucracy
Author(s)
Bibliographic Information
Beyond politics : markets, welfare, and the failure of bureaucracy
（Independent studies in political economy）
Westview Press, 1994
- : [hbk.]
- : pbk
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Note
On cover: The Independent Institute
Foreword by Gordon Tullock
Includes bibliographical references and index
Description and Table of Contents
- Volume
-
: [hbk.] ISBN 9780813322070
Description
Traditionally, welfare economics holds that market failures are fairly common and are best addressed through the intervention of governments. Reviewing this traditional view, this book compares it with the modern theory of public choice and sets out to show how public-choice theory can throw light on the problem of the relationship between governments and markets, both by focusing on the actual rather than the ideal workings of governments and by linking the insights of economics and political science.
Table of Contents
- Part 1 Market failures and political solutions - orthodoxy: market failure and government intervention
- the view from welfare economics
- political presuppositions of the idealized state. Part 2 In praise of politics - some public choice: unromantic side of democracy
- pathological politics - the anatomy of government failure. Part 3 Case studies in the anatomy of public failure: politics of free and forced rides - providing public schools
- political pursuit of private gain - producer-rigged markets, government exploitation, consumer protection, environmental gain, coercive redistribution
- micro-politics of macro-instability. Part 4 In praise of private property, profits and markets: rediscovery of markets, competition and the firm
- privatization, deregulation and constitutionalism.
- Volume
-
: pbk ISBN 9780813322087
Description
Traditional public policy and welfare economics have held that market failures are common, requiring the intervention of government in order to serve and protect the public good. In Beyond Politics, William C. Mitchell and Randy T. Simmons carefully scrutinize this traditional view through the modern theory of public choice. The authors enlighten the relationship of government and markets by emphasizing the actual rather than the ideal workings of governments and by reuniting the insights of economics with those of political science. Beyond Politics traces the anatomy of government failure and a pathology of contemporary political institutions as government has become a vehicle for private gain at public expense. In so doing, this brisk and vigorous book examines a host of public issues, including social welfare, consumer protection, and the environment. Offering a unified and powerful perspective on the market process, property rights, politics, contracts, and government bureaucracy, Beyond Politics is a lucid and comprehensive book on the foundations and institutions of a free and humane society.
Table of Contents
* Foreword Gordon Tullock. Market Failures And Political Solutions: Orthodoxy * Market Failure and Government Intervention: The View from Welfare Economics * Political Presuppositions of the Idealized State In Dispraise Of Politics: Some Public Choice * Unromantic Side of DemocracyPathological Politics: The Anatomy of Government Failure Case Studies In The Anatomy Of Public Failure * Politics of Free and Forced Rides: Providing Public GoodsPolitical Pursuit of Private Gain: Producer-Rigged MarketsPolitical Pursuit of Private Gain: Government ExploitationPolitical Pursuit of Private Gain: Consumer ProtectionPolitical Pursuit of Private Gain: Environmental GoodsPolitical Pursuit of Private Gain: Coercive RedistributionMicro-Politics of Macro-Instability In Praise Of Private Property, Profits, And Markets * Rediscovery of Markets, Competition, and the FirmPrivatization, Deregulation, and Constitutionalism
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