Journal ArticleDOI
An Economic Theory of Political Action in a Democracy
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For example, this article argued that the private sector is a self-regulating mechanism and that any government action beyond maintenance of law and order is "interference" with it rather than an intrinsic part of it.Abstract:
IN SPITE of the tremendous importance of government decisions in every phase of economic life, economic theorists have never successfully integrated government with private decision-makers in a single general equilibrium theory. Instead they have treated government action as an exogenous variable, determined by political considerations that lie outside the purview of economics. This view is really a carry-over from the classical premise that the private sector is a self-regulating mechanism and that any government action beyond maintenance of law and order is "interference" with it rather than an intrinsic part of it.2 However, in at least two fields of economic theory, the centrality of government action has forced economists to formulate rules that indicate how government "should" make decisions. Thus in the field of public finance, Hugh Dalton states:read more
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Urban peripheries: The political dynamics of planning projects
TL;DR: In this paper, the authors investigate the political processes that drive the redevelopment of the urban periphery and explore how major planning agents reconfigure their relationships in order to respond to changed symmetries between core locations and peripheral zones.
Journal ArticleDOI
Did political constraints bind during transition? Evidence from Czech elections 1990-2002
Orla Doyle,Patrick Paul Walsh +1 more
TL;DR: In this article, voters, taking stock of endowments from the planning era, could predict whether they would become winners or losers of transition, and they measured the degree to which regions were "not afraid" or "afraid" of economic reform in 1990.
Journal ArticleDOI
A Classroom Exercise: Voting by Ballots and Feet
Roger Hewett,Charles A. Holt,Georgia Kosmopoulou,Christine Kymn,Cheryl Long,Shabnam Mousavi,Sudipta Sarangi +6 more
TL;DR: In this article, students are given playing cards that induce diverse preferences for expenditures on alternative public goods and are initially assigned to specific communities, then those in each community vote on the type and level of public goods provision, which determine the tax cost.
The Expanding Domain of Economics
TL;DR: In economics, the logic of ideas irresistibly draws economists beyond these core areas, and the rhetoric of an economic imperialist like Gary S. Becker is notably more muscular: "Economists limit their attention to the ordinary, the crassly material business of life" as discussed by the authors.
Dissertation
Adoption of a financial transaction tax in Europe through flexible integration
TL;DR: In this paper, the authors argue that in an era where European Union membership has increased beyond the founding six Member States, more flexible forms of integration need to be used for matters which can be considered to be public goods.