ENGLISH

Public Goods, Redistribution and Rent Seeking

By Gordon Tullock

Book information

Publisher
Edward Elgar Publishing
Year
2005
ISBN
184376637X, 9781843766377, 9781845424688
Open Library ID
OL22616635M
Language
english
Format
PDF
Filesize
1001 kB (1024643 bytes)
Series
The Locke Institute Series
Pages
164\164
Library
mexmat
Time added
2009-07-20 03:45:11

Description

Gordon Tullock, eminent political economist and one of the founders of public choice, offers this new 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.

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