Government Failure: A Primer in Public Choice

Government Failure: A Primer in Public Choice

by Gordon Tullock, Arthur Seldon, Gordon L. Brady
     
 

ISBN-10: 1930865201

ISBN-13: 9781930865204

Pub. Date: 05/28/2002

Publisher: Cato Institute

When market forces fail us, what are we to do? Who will step in to protect the public interest? The government, right? Wrong. The romantic view of bureaucrats coming to the rescue confuses the true relationship between economics and politics. Politicians often cite "market failure" as justification for meddling with the economy, but three leading scholars show the…  See more details below

Overview

When market forces fail us, what are we to do? Who will step in to protect the public interest? The government, right? Wrong. The romantic view of bureaucrats coming to the rescue confuses the true relationship between economics and politics. Politicians often cite "market failure" as justification for meddling with the economy, but three leading scholars show the shortcomings of this view. In Government Failure, these scholars explain the school of study known as "public choice," which uses economic analysis to understand and evaluate government programs.

Product Details

ISBN-13:
9781930865204
Publisher:
Cato Institute
Publication date:
05/28/2002
Pages:
185
Product dimensions:
6.13(w) x 9.14(h) x 0.44(d)
Lexile:
1440L (what's this?)

Table of Contents

Acknowledgments
Introduction: About Public Choice
Pt. IThe Theory of Public Choice
1People Are People: The Elements of Public Choice3
2Voting Paradoxes17
3Logrolling29
4The Cost of Rent Seeking43
5Bureaucracy53
6Tax "Avoision"63
7Federalism71
Pt. IIAmerican Applications
8Protection in International Trade83
9Internet Governance93
10Applying Public Choice to Telecommunications103
11Applying Public Choice to Environmental Policy117
Pt. IIIPublic Choice in Britain
12Public Choice or Political Sovereignty?129
13Government Intentions and Consequences137
14Overdependence on the Welfare State143
15The Weakening of the Family155
16Voters versus Consumers159
17The Political Fate of Economic Federalism163
18The Escapes from Overgovernment: Political Power Yields to Economic Law171
References177
The Authors181
Index183

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