The dilemma of democracy : the political economics of over-government
Author(s)
Bibliographic Information
The dilemma of democracy : the political economics of over-government
（Hobart paper, 136）
Institute of Economic Affairs, 2002
new ed.
Available at 3 libraries
Note
Reissued in this new edition in 2002
First published in Great Britain in 1998
Includes bibliographical references (p. 135-138)
Description and Table of Contents
Description
Governments have been taking control of activities - 'public' goods, 'public' utilities, welfare and local government services - which would have been better left to the private sector. Most of them were being privately provided before the state crowded out private initiatives. People will increasingly escape to non-state suppliers unless the government withdraws from many of these activities. Government should reduce its share of national income from 40 per cent to 20 per cent. Arthur Seldon, for many years the IEA's editorial director, argues that attempts to correct market 'imperfections' have created over-government. But the 'escapable power of political government' is up against the 'irresistible economic force of the market'. Sir Samuel Brittan contributes a comment in which he says that Seldon's paper reveals 'a deep belief in the superior ability of ordinary citizens to make their own choices and decisions better than governments or experts or committees'.
by "Nielsen BookData"