Monopoly Politics

Monopoly Politics

by James C. Miller III, Annelisa Anderson
     
 
Miller shows that, as in commercial markets, victims of monopoly power in politics pay higher prices and get less in return. He details how political markets resist being organized competitively and thus not performing as well as commercial markets, and explains how this lack of competition is caused by political incumbents rigging political markets to protect

Overview

Miller shows that, as in commercial markets, victims of monopoly power in politics pay higher prices and get less in return. He details how political markets resist being organized competitively and thus not performing as well as commercial markets, and explains how this lack of competition is caused by political incumbents rigging political markets to protect themselves.

Editorial Reviews

Booknews
A nationally known political economist shows that, just as in commercial markets, monopoly power in politics limits choice and ill- serves consumers. He exposes the contrived advantages enjoyed by political incumbents and reveals how most so-called reform proposals only increase those advantages. He outlines steps that must be taken to broaden opportunities for challengers and make the political marketplace more competitive and more responsive to voters. The author is a fellow at the Hoover Institution, at Citizens for a Sound Economy Foundation, and at the Center for Study of Public Choice at George Mason University. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9780817996529
Publisher:
Hoover Institution Press
Publication date:
09/15/1999
Series:
Publication Series
Pages:
152
Product dimensions:
6.00(w) x 8.90(h) x 0.50(d)

Meet the Author

James C. Miller III is a senior fellow at the Hoover Institution at Stanford University and chairman of the CapAnalysis Group, an economic consulting firm associated with the international law firm Howrey, Simon, Arnold and White.

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