Public Goods, Redistribution and Rent Seeking - Brossura

Tullock, Gordon

Brossura

ISBN 10: 1848441711 ISBN 13: 9781848441712

Casa editrice: Edward Elgar Pub, 2008

Riassunto

Gordon Tullock, eminent political economist and one of the founders of public choice, offers this new and fascinating look at how governments and externalities are linked. Economists frequently justify government as dealing with externalities, defined as benefits or costs that are generated as the result of an economic activity, but that do not accrue directly to those involved in the activity. In this original work, Gordon Tullock posits that government can also create externalities. In doing so, he looks at governmental activity that internalizes such externalities. Monarchical governments originally introduced, for the benefit of the monarch rather than to eliminate externalities, many standard government activities such as road building, war, and internal policing. Most modern governments spend more money on redistribution than on more traditional government activities. This can be thought of as another effort to reduce externalities, since suffering in the community imposes externalities on the rest of us. Rent seeking, a relatively new field in economics and political science, is closely related to externalities and to the structure of government. An analysis of rent seeking, as well as some suggestions for improving government structure, cap off this fascinating treatise.Economists and political scientists will find this lively and readable book both stimulating and provocative.

Su questo libro

L'autore:

The late Gordon Tullock, formerly Professor of Law and Economics, George Mason University School of Law and Center for the Study of Public Choice, George Mason University, US

Su questa edizione

• Editore: Edward Elgar Pub
• Data di pubblicazione: 2008
• ISBN 10: 1848441711
• ISBN 13: 9781848441712
• Rilegatura: Copertina flessibile
• Numero di pagine: 153