Government Failure: A Primer in Public Choiceby Gordon Tullock, Arthur Seldon, Gordon L. Brady
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 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.
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