The Welfare Economics of Markets, Voting and Predation - Couverture rigide

Usher, Dan

Couverture rigide

ISBN 10 : 0719034337 ISBN 13 : 9780719034336

Editeur : Manchester University Press, 1993

Synopsis

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.

Détails de l'édition

• Éditeur: Manchester University Press
• Date d'édition: 1993
• Langue: anglais
• ISBN 10: 0719034337
• ISBN 13: 9780719034336
• Reliure: Relié
• Nombre de pages: 560
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible