Government Failure

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Government Failure

Author : Gordon Tullock
Publisher : Cato Institute
ISBN 13 : 1935308009
Total Pages : 211 pages
Book Rating : 4.9/5 (353 download)

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Book Synopsis Government Failure by : Gordon Tullock

Download or read book Government Failure written by Gordon Tullock and published by Cato Institute. This book was released on 2002-05-01 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 a group of leading scholars show the shortcomings of this view. In Government Failure, these scholars explain the school of study known as "public choice," which uses the tools of economics to understand and evaluate government activity. Gordon Tullock, one of the founders of public choice, explains how government "cures" often cause more harm than good. Tullock provides an engaging overview of public choice and discusses how interest groups seek favors from government at enormous costs to society. Displaying the steely realism that has marked public choice, Tullock shows the political world as it is, rather than as it should be. Gordon Brady scrutinizes American public policy, looking closely at international trade, efforts at regulating technology, and environmental policy. At every turn Brady points out the ways in which interest groups have manipulated the government to advance their own agendas. Arthur Seldon, a seminal scholar in public choice, provides a comparative perspective from Great Britain. He examines how government interventions in the British economy have led to inefficiency and warns about the political centralization promised by the European Community. Government Failure heralds a new approach to the study of politics and public policy. This book enlightens readers with the basic concepts of public choice in an unusually accessible way to show the folly of excessive faith in the state.

Government Failure Versus Market Failure

Author : Clifford Winston
Publisher : Brookings Institution Press
ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Government Failure Versus Market Failure by : Clifford Winston

Download or read book Government Failure Versus Market Failure written by Clifford Winston and published by Brookings Institution Press. This book was released on 2006 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: When should government intervene in market activity? When is it best to let market forces simply take their natural course? How does existing empirical evidence about government performance inform those decisions? Brookings economist Clifford Winston uses these questions to frame a frank empirical assessment of government economic intervention in Government Failure vs.

Government Failure

Author : Wilfred Dolfsma
Publisher : Edward Elgar Publishing
ISBN 13 : 1782547169
Total Pages : 167 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis Government Failure by : Wilfred Dolfsma

Download or read book Government Failure written by Wilfred Dolfsma and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Starting from the idea that market and state are intertwined domains, and explaining the economy as a system of communication evolving through innovation, this excellent book makes a valuable contribution to understanding government rule setting in knowledge-based economies. It provides a taxonomy of ways in which government rules function more or less successfully, and addresses the important problem of institutional vulnerability. Intellectual property rights laws and reform of health care systems are perceptively discussed. This book is strongly recommended for public policy experts and researchers investigating the publicprivate economy.' John Davis, Marquette University, US and University of Amsterdam, The Netherlands 'Since the 1970s the conventional wisdom has been that governments should retreat from the economic sphere and enhance the role of markets. The financial crash of 2008 has brought that into question. This stimulating set of essays considers the role of government in modern complex economies. Addressing the potential for both government failure and market failure, and drawing on empirical evidence, these studies are important contributions to a revived debate.' Geoffrey M. Hodgson, University of Hertfordshire, UK 'The idea that governments as well as markets can fail has been central to the public choice literature for the last half century. Typically government failure is described and measured as excessive expenditures or unbalanced budgets. This original book points out that government failures often take the form of inappropriate or inconsistent rules governing the private sector. The argument is nicely illustrated using real-world examples in the areas of healthcare, innovation, and intellectual property. The book is a timely and important contribution to the literature.' Dennis C. Mueller, University of Vienna, Austria This highly unique book takes a fundamental look at when and how a government can fail at its core responsibility of formulating rules. Government, representing society, relates to the economy by formulating the rules within which (market) players should operate. Although market and business failure are much discussed in the economics literature, government failure is often overlooked. This book addresses this gap, exploring in detail what constitutes government failure. Wilfred Dolfsma illustrates that it is not adequate to discuss government failure simply with reference to its level of expenditure, as is usually the case. Defining government failure and analysing it in the domains of health care, innovation and technology, he explores topics such as how market and society relate, consequences of conflicts between government policies, how government should (not) intervene, the vulnerability of institutions and rules (set out by government), and suggests a welfare perspective for evaluative purposes. This stimulating and thought provoking book will prove a fascinating read for academics, researchers and advanced students in economics particularly public choice and institutional economics public administration, policy studies, and law and economics.

Beyond Politics

Author : Randy T. Simmons
Publisher : Independent Institute
ISBN 13 : 1598130595
Total Pages : 572 pages
Book Rating : 4.5/5 (981 download)

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Book Synopsis Beyond Politics by : Randy T. Simmons

Download or read book Beyond Politics written by Randy T. Simmons and published by Independent Institute. This book was released on 2011-09-01 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing students of economics, politics, and policy with a concise explanation of public choice, markets, property, and political and economic processes, this record identifies what kinds of actions are beyond the ability of government. Combining public choice with studies of the value of property rights, markets, and institutions, this account produces a much different picture of modern political economy than the one accepted by mainstream political scientists and welfare economists. It demonstrates that when citizens request that their governments do more than it is possible, net benefits are reduced, costs are increased, and wealth and freedom are diminished. Solutions are also suggested with the goal to improve the lot of those who should be the ultimate sovereigns in a democracy: the citizens.

Why Government Fails So Often

Author : Peter H. Schuck
Publisher : Princeton University Press
ISBN 13 : 0691168539
Total Pages : 484 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Why Government Fails So Often by : Peter H. Schuck

Download or read book Why Government Fails So Often written by Peter H. Schuck and published by Princeton University Press. This book was released on 2015-08-25 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: "From healthcare to workplace conduct, the federal government is taking on ever more responsibility for managing our lives. At the same time, Americans have never been more disaffected with Washington, seeing it as an intrusive, incompetent, wasteful giant. The most alarming consequence of ineffective policies, in addition to unrealized social goals, is the growing threat to the government's democratic legitimacy. Understanding why government fails so often--and how it might become more effective--is an urgent responsibility of citizenship. In this book, lawyer and political scientist Peter Schuck provides a wide range of examples and an enormous body of evidence to explain why so many domestic policies go awry--and how to right the foundering ship of state.Schuck argues that Washington's failures are due not to episodic problems or partisan bickering, but rather to deep structural flaws that undermine every administration, Democratic and Republican. These recurrent weaknesses include unrealistic goals, perverse incentives, poor and distorted information, systemic irrationality, rigidity and lack of credibility, a mediocre bureaucracy, powerful and inescapable markets, and the inherent limits of law. To counteract each of these problems, Schuck proposes numerous achievable reforms, from avoiding moral hazard in student loan, mortgage, and other subsidy programs, to empowering consumers of public services, simplifying programs and testing them for cost-effectiveness, and increasing the use of "big data." The book also examines successful policies--including the G.I. Bill, the Voting Rights Act, the Earned Income Tax Credit, and airline deregulation--to highlight the factors that made them work.An urgent call for reform, Why Government Fails So Often is essential reading for anyone curious about why government is in such disrepute and how it can do better"--

Market Failure, Government Failure, Leadership and Public Policy

Author : B. Dollery
Publisher : Springer
ISBN 13 : 0230372961
Total Pages : 214 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Market Failure, Government Failure, Leadership and Public Policy by : B. Dollery

Download or read book Market Failure, Government Failure, Leadership and Public Policy written by B. Dollery and published by Springer. This book was released on 1999-07-19 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: A global wave of reform is fundamentally reshaping the role of the state in national economies. This book provides a fresh and accessible perspective on the political economy of this megatrend. It traces the theoretical roots of the reforms to developments in public economics which emphasize problems of government rather than market failure. It then breaks new ground in developing an economic theory of leadership to explain how policy leadership networks can strive to influence the direction of reform processes.

Government and Markets

Author : Edward J. Balleisen
Publisher : Cambridge University Press
ISBN 13 : 0521118484
Total Pages : 579 pages
Book Rating : 4.5/5 (211 download)

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Book Synopsis Government and Markets by : Edward J. Balleisen

Download or read book Government and Markets written by Edward J. Balleisen and published by Cambridge University Press. This book was released on 2010 with total page 579 pages. Available in PDF, EPUB and Kindle. Book excerpt: After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive governance, alongside public calls for new, smarter regulation. Yet there is a real danger that regulatory reforms will be rooted in outdated ideas. As the financial crisis has shown, neither traditional market failure models nor public choice theory, by themselves, sufficiently inform or explain our current regulatory challenges. Regulatory studies, long neglected in an atmosphere focused on deregulatory work, is in critical need of new models and theories that can guide effective policy-making. This interdisciplinary volume points the way toward the modernization of regulatory theory. Its essays by leading scholars move past predominant approaches, integrating the latest research about the interplay between human behavior, societal needs, and regulatory institutions. The book concludes by setting out a potential research agenda for the social sciences.

Why Government Succeeds and Why It Fails

Author : Amihai Glazer
Publisher : Harvard University Press
ISBN 13 : 9780674037632
Total Pages : 230 pages
Book Rating : 4.0/5 (376 download)

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Book Synopsis Why Government Succeeds and Why It Fails by : Amihai Glazer

Download or read book Why Government Succeeds and Why It Fails written by Amihai Glazer and published by Harvard University Press. This book was released on 2009-07-01 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks beyond politics to show how the ability of the U.S. government to implement policies is strongly affected by various economic constraints. These include the credibility of the policies, the ability of government to commit to them, the extent to which firms and consumers rationally anticipate their effects, whether the success of a policy further encourages firms and individuals to behave in intended ways, and whether the behavior of such actors can be sustained without continued government intervention. The authors apply these concepts to four areas of policy: macroeconomic policies to promote employment and economic growth, redistributive policies to benefit the poor and the elderly, production policies to provide goods and services, and regulatory policies to guide the behavior of firms and individuals. In doing so they provide plausible explanations of many puzzling phenomena--for example, why government has been successful in reducing cigarette smoking, but has failed to get people to install and maintain emission-control devices in their cars. This book recasts debates about public policy, avoiding conventional pro-government or anti-government positions; rather, it helps to predict when public policy will succeed.

When Government Fails

Author : Mark Baldassare
Publisher : Univ of California Press
ISBN 13 : 0520214862
Total Pages : 339 pages
Book Rating : 4.5/5 (22 download)

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Book Synopsis When Government Fails by : Mark Baldassare

Download or read book When Government Fails written by Mark Baldassare and published by Univ of California Press. This book was released on 1998-06 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Table of Contents

Failure to Adjust

Author : Edward Alden
Publisher : Rowman & Littlefield
ISBN 13 : 1538109093
Total Pages : 268 pages
Book Rating : 4.5/5 (381 download)

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Book Synopsis Failure to Adjust by : Edward Alden

Download or read book Failure to Adjust written by Edward Alden and published by Rowman & Littlefield. This book was released on 2017-09-15 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: *Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.

Failure in British Government

Author : David Butler
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 362 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Failure in British Government by : David Butler

Download or read book Failure in British Government written by David Butler and published by Oxford University Press, USA. This book was released on 1994 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviled by the public and disowned by politicians, the poll tax was the most celebrated political disaster in post-war Britain. This book tells the full story of the poll tax, from its conception to its demise.

Rescuing Democracy

Author : Paul E. Smith
Publisher : punctum books
ISBN 13 : 0998237507
Total Pages : 520 pages
Book Rating : 4.9/5 (982 download)

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Book Synopsis Rescuing Democracy by : Paul E. Smith

Download or read book Rescuing Democracy written by Paul E. Smith and published by punctum books. This book was released on 2016 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a new institution - the 'People's Forum' - to enable democratic governments to effectively address long-running issues like global warming and inequality. It would help citizens decide what strategic problems their government must fix, especially where this requires them to suffer some inconvenience or cost.The People's Forum is first based on a new diagnosis of government failure in democracies. The book tests its own analyses of government failure by seeing whether these might help us to explain the failures of particular democracies to address (and in some cases, to even recognize) several crucial environmental problems. The essential features of a new design for democracy are described and then compared with those of previous institutional designs that were also intended to improve the quality of democratic government. In that comparison, the People's Forum turns out to be not only the most effective design for developing and implementing competent policy, but also the easiest to establish and run. The latter advantage is crucial as there has been no success in getting previous designs into actual trial practice. It is hoped that this book may inspire a small group to raise the money to set up and run the People's Forum. Then, as citizens see it operating and engage with it, they may come to regard the new Forum as essential in helping them to deliberate long-running issues and to get their resulting initiatives implemented by government. Smith also discusses how the People's Forum must be managed and how groups with different political ideologies may react to it.An Afterword sets out the method by which this design was produced, to help those who might want to devise an institution themselves. The new concepts in environmental science that the book develops to test its diagnosis are applied in an Appendix to outline crucial options for the future of Tasmania. Similar options apply to many countries, states and provinces. As indicated above, those choices are currently beyond the capacity of democratic governments to address and in some cases, even to recognize. But the People's Forum may lift them out of that morass.

Achieving Industrialization in East Asia

Author : Helen Hughes
Publisher : Cambridge University Press
ISBN 13 : 0521351294
Total Pages : 395 pages
Book Rating : 4.5/5 (213 download)

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Book Synopsis Achieving Industrialization in East Asia by : Helen Hughes

Download or read book Achieving Industrialization in East Asia written by Helen Hughes and published by Cambridge University Press. This book was released on 1988-11-10 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the economic success of the industrializing economies of East Asia. Judged in terms of economic growth, or by a combination of economic and welfare criteria, this group of East Asian countries has established a clear lead over other developing areas of the world.

Failure by Design

Author : Josh Bivens
Publisher : Cornell University Press
ISBN 13 : 9780801461132
Total Pages : 120 pages
Book Rating : 4.4/5 (611 download)

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Book Synopsis Failure by Design by : Josh Bivens

Download or read book Failure by Design written by Josh Bivens and published by Cornell University Press. This book was released on 2011-02-15 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Failure by Design, the Economic Policy Institute’s Josh Bivens takes a step back from the acclaimed State of Working America series, building on its wealth of data to relate a compelling narrative of the U.S. economy’s struggle to emerge from the Great Recession of 2008. Bivens explains the causes and impact on working Americans of the most catastrophic economic policy failure since the 1920s. As outlined clearly here, economic growth since the late 1970s has been slow and inequitably distributed, largely as a result of poor policy choices. These choices only got worse in the 2000s, leading to an anemic economic expansion. What growth we did see in the economy was fueled by staggering increases in private-sector debt and a housing bubble that artificially inflated wealth by trillions of dollars. As had been predicted, the bursting of the housing bubble had disastrous consequences for the broader economy, spurring a financial crisis and a rise in joblessness that dwarfed those resulting from any recession since the Great Depression. The fallout from the Great Recession makes it near certain that there will be yet another lost decade of income growth for typical families, whose incomes had not been boosted by the previous decade’s sluggish and localized economic expansion. In its broad narrative of how the economy has failed to deliver for most Americans over much of the past three decades, Failure by Design also offers compelling graphic evidence on jobs, incomes, wages, and other measures of economic well-being most relevant to low- and middle-income workers. Josh Bivens tracks these trends carefully, giving a lesson in economic history that is readable yet rigorous in its analysis. Intended as both a stand-alone volume and a companion to the new State of Working America website that presents all of the data underlying this cogent analysis, Failure by Design will become required reading as a road map to the economic problems that confront working Americans.

Success and Failure in Public Governance

Author : M. A. P. Bovens
Publisher : Edward Elgar Publishing
ISBN 13 : 1843762854
Total Pages : 287 pages
Book Rating : 4.8/5 (437 download)

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Book Synopsis Success and Failure in Public Governance by : M. A. P. Bovens

Download or read book Success and Failure in Public Governance written by M. A. P. Bovens and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do some policies succeed so well while others, in the same sector or country, fail dramatically? The aim of this book is to answer this question and provide systematic research on the nature, sources and consequences of policy failure. The expert contributors analyse and evaluate the success and failure of four policy areas (Steel, Health Care, Finance, HIV and the Blood Supply) in six European countries, namely France, Germany, the Netherlands, the UK, Spain and Sweden. The book is therefore able to compare success and failure across countries as well as policy areas, enabling a test of a variety of theoretical assumptions about policy making and government.

Unbroken Government

Author : Wendy N. Whitman Cobb
Publisher : Springer
ISBN 13 : 1137352523
Total Pages : 264 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Unbroken Government by : Wendy N. Whitman Cobb

Download or read book Unbroken Government written by Wendy N. Whitman Cobb and published by Springer. This book was released on 2013-08-20 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unbroken Government demonstrates how institutional and electoral characteristics present since the writing of the Constitution influence policy development. Utilizing policy areas as diverse as human spaceflight, clean air, homeland security, and foreign policy, this work shows how these patterns manifest themselves in the policymaking process.

The Failure of the Heath Government

Author : M. Holmes
Publisher : Springer
ISBN 13 : 0230376118
Total Pages : 180 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis The Failure of the Heath Government by : M. Holmes

Download or read book The Failure of the Heath Government written by M. Holmes and published by Springer. This book was released on 1997-09-15 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Second revised edition of a study of the Conservative government of 1970-74 which discusses and attacks recent revisionist interpretations which exonerate Heath from culpability for the economic and industrial meltdown of 1972-74. Reveals the economic, political and electoral misjudgements of the Heath government.