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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Competitive Governments: An Economic Theory of Politics and Public Finance

Competitive Governments: An Economic Theory of Politics and Public Finance

Breton, Albert

Paperback

EconomicsInvesting & Finance

ISBN10: 0521646286
ISBN13: 9780521646284
Publisher: Cambridge
Published: Sep 28 1998
Pages: 404
Weight: 1.22
Height: 0.82 Width: 6.06 Depth: 9.01
Language: English
This is a systematic exploration of the hypothesis that governments are internally competitive, that they are competitive in their relations with each other and in their relations with other institutions in society which, like them, supply consuming households with goods and services. The author contends that competition not only serves to bring the political system to an equilibrium, but it also leads to a revelation of the households' true demand functions for publicly provided goods and services, and to the molding of a link between the quantities and the qualities demanded and supplied and the tax prices paid for these goods and services. In the real world where information is costly, the links may not be perfect, Breton argues, but they will be efficient if competition is vigorous.

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