Public Finance and the Political Process (Political & Social Economy) - Hardcover

Holcombe, Professor Randall G.

9780809310821: Public Finance and the Political Process (Political & Social Economy)

Hardcover

ISBN 10: 0809310821 ISBN 13: 9780809310821

Publisher: Southern Illinois University Press, 1983

Holcombe presents theoretical models, melds theory and empirical work, and jux�taposes economics and political science. Fur�ther, he provides insights into such concepts as agenda control, points out the advantages of incumbency, explains government as a natural monopoly, establishes an updating of the social contract, and examines the virtues of common law in contrast to statutory law.

In his final chapters, Holcombe provides a foundation upon which the preceding chap�ters are logically built. From his analysis, it appears that there is an approximate corre�spondence between voter preferences and political outcomes, as depicted by a median voter model, but that for many reasons re�source allocation through the public sector is considerably less efficient than through the private sector.

"synopsis" may belong to another edition of this title.

About the Author:

Randall G. Holcombe is in the Depart�ment of Economics at Auburn University. He has published extensively in periodicals such as Journal of Public Economics, Policy Studies, So�cial Science, and Economic Inquire. In addition he has served as an investigator for numerous governmental departments and agencies. At present he is a member of the United States Synthetic Fuels Corporation Synthetic Fuels Review Panel.

"About this title" may belong to another edition of this title.