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…in Deadweight Costs and the Size of Government (NBER Working Paper Number No. 6789) , [Gary Becker and Casey Mulligan] conclude that flatter and broader taxes also tend to encourage bigger government...
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Citizens do have sufficient knowledge and sophistication to vote out leaders who are performing poorly or contrary to their wishes. Modern democracy is government subject to electoral checks. The power...
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Filed under: Public Choice, rentseeking Tagged: interest group capture, public choice, rent seeking, Richard Posner, The competition among pressure groups for political influence
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View ArticleThe public choice economics of Winston Churchill
Filed under: Public Choice Tagged: expressive voting, public choice, rational ignorance, rational irrationality, Winston Churchill
View ArticleGroucho Marx on evidence-based policy
HT: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies – Groucho Marx — Old Whig (@aClassicLiberal) October 27, 2014 Filed...
View ArticleBruce Yandle on interest group capture of regulatory agencies
Filed under: economics of regulation, entrepreneurship, industrial organisation, Public Choice, rentseeking Tagged: Bruce Yandle, creative destruction, interest group capture, public choice, The...
View ArticleMust everything be a crisis
Filed under: comparative institutional analysis, constitutional political economy, politics - Australia, politics - New Zealand, politics - USA Tagged: public choice
View ArticleGeorge Stigler’s theory of economic regulation
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View ArticleThe pay of state politicians in America is low
Filed under: politics - USA, Public Choice Tagged: politician's pay, public choice
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