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- catalog abstract ""'Public choice' refers to a specific approach to the analysis of economic policy in which policy - makers are viewed as having their own objectives, much as consumers are assumed to maximize utility and firms to maximize profits." "The key feature of this approach is that the outcomes of policy decisions are rarely socially optimal, and it thus provides a line of criticism of the outcomes generated by democratic policy-making institutions. The approach can be used to explain policy decisions. But it can also be used to show how the constraints and incentives imposed on policy-makers could be changed in order to generate socially desirable outcomes - such as handing monetary policy over to an independent central bank." "The chapters in this volume offer analyses of policy by proponents of the approach as well as critics of it."--Jacket.".
- catalog contributor b11151153.
- catalog contributor b11151154.
- catalog contributor b11151155.
- catalog created "2000.".
- catalog date "2000".
- catalog date "2000.".
- catalog dateCopyrighted "2000.".
- catalog description ""'Public choice' refers to a specific approach to the analysis of economic policy in which policy - makers are viewed as having their own objectives, much as consumers are assumed to maximize utility and firms to maximize profits." "The key feature of this approach is that the outcomes of policy decisions are rarely socially optimal, and it thus provides a line of criticism of the outcomes generated by democratic policy-making institutions. The approach can be used to explain policy decisions. But it can also be used to show how the constraints and incentives imposed on policy-makers could be changed in order to generate socially desirable outcomes - such as handing monetary policy over to an independent central bank." "The chapters in this volume offer analyses of policy by proponents of the approach as well as critics of it."--Jacket.".
- catalog description "Includes bibliographical references and index.".
- catalog description "Introduction : Public choice analysis of economic policy / K. Alec Chrystal -- Public choice and public policy / Rupert Pennant-Rea -- Budget deficits and the size of government in the UK and US : a public choice perspective on the Thatcher and Reagan years / Charles K. Rowley -- Public choice : outrageous theory and enraging tests? / John G. Cullis and Philip R. Jones -- Politics and macroeconomic policy / Simon Price -- Public policy and public choice / Peter M. Jackson and Dean Garrett -- Some elements of a European Federal Union : a public choice approach / Friedrich Schneider -- Housing policy and public choice / Martin Ricketts -- / Science policy and technology policy in a competitive economy / J. Stanley Metcalfe.".
- catalog extent "xxiii, 226 p. :".
- catalog identifier "0312221371 (St. Martin's".
- catalog identifier "0333711610 (Macmillan)".
- catalog issued "2000".
- catalog issued "2000.".
- catalog language "eng".
- catalog publisher "Basingstoke : Macmillan ; New York, N.Y. : St. Martin's Press,".
- catalog subject "338.9 21".
- catalog subject "Economic policy Congresses.".
- catalog subject "HB846.8 .P825 1999".
- catalog subject "Social choice Congresses.".
- catalog tableOfContents "Introduction : Public choice analysis of economic policy / K. Alec Chrystal -- Public choice and public policy / Rupert Pennant-Rea -- Budget deficits and the size of government in the UK and US : a public choice perspective on the Thatcher and Reagan years / Charles K. Rowley -- Public choice : outrageous theory and enraging tests? / John G. Cullis and Philip R. Jones -- Politics and macroeconomic policy / Simon Price -- Public policy and public choice / Peter M. Jackson and Dean Garrett -- Some elements of a European Federal Union : a public choice approach / Friedrich Schneider -- Housing policy and public choice / Martin Ricketts -- / Science policy and technology policy in a competitive economy / J. Stanley Metcalfe.".
- catalog title "Public choice analysis of economic policy / edited by K. Alec Chrystal and Rupert Pennant-Rea.".
- catalog type "Conference proceedings. fast".
- catalog type "text".