The Taming of Leviathan - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Taming of Leviathan write by Stefan Sinn. This book was released on 1990. The Taming of Leviathan available in PDF, EPUB and Kindle.
The taming of Leviathan
The taming of Leviathan - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The taming of Leviathan write by Stefan Sinn. This book was released on 1990. The taming of Leviathan available in PDF, EPUB and Kindle.
Yardstick Competition among Governments
Yardstick Competition among Governments - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Yardstick Competition among Governments write by Pierre Salmon. This book was released on 2019-05-10. Yardstick Competition among Governments available in PDF, EPUB and Kindle. Measuring government effectiveness is essential to ensuring accountability, as is an informed public that is willing and able to hold elected officials and policy-makers accountable. There are various forms of measurement, including against prior experience or compared to some ideal. In Yardstick Competition among Governments, Pierre Salmon argues that a more effective and insightful approach is to use common measures across a variety of countries, state, or other relevant political and economic districts. This facilitates and enables citizens comparing policy outputs in their own jurisdictions with those of others. An advantage of this approach is that it reduces information asymmetries between citizens and public officials, decreasing the costs of monitoring by the former of the latter -along the lines of principal-agent theory. These comparisons can have an effect on citizens' support to incumbents and, as a consequence, also on governments' decisions. By increasing transparency, comparisons by common yardsticks can decrease the influence of interest groups and increase the focus on broader concerns, whether economic growth or others. Salmon takes up complicating factors such as federalism and other forms of multi-level governance, where responsibility can become difficult to disentangle and accountability a challenge. Salmon also highlights the importance of publics with heterogeneous preferences, including variations in how voters interpret their roles, functions, or tasks. This results in the coexistence within the same electorate of different types of voting behavior, not all of them forward-looking. In turn, when incumbents face such heterogeneity, they can treat the response to their decisions as an aggregate non-strategic relation between comparative performance and expected electoral support. Combining theoretical, methodological, and empirical research, Salmon demonstrates how yardstick competition among governments, a consequence of the possibility that citizens look across borders, is a very significant, systemic dimension of governance both at the local and at the national levels.
Taming Leviathan
Taming Leviathan - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Taming Leviathan write by Peter J. Boettke. This book was released on 2015. Taming Leviathan available in PDF, EPUB and Kindle. The current public debt crises in Western democratic countries provide an important illustration of what Adam Smith had described as the “juggling trick” - namely deficit increases, accumulation of debt, and debasement of currency - that all governments resort to when confronted with public bankruptcy. In this paper, we utilize the discussion on the public sector growth to illuminate the puzzle in political economy regarding effective government constraints, or questions of how to 'tame leviathan.' We argue that altering the institutional structures to be more polycentric would contain important self-generating mechanisms to tame leviathan. Specifically, we point to the role of hard budget constraints and the role of competition in polycentric institutions for generating incentives compatible for reducing the size of government. Furthermore, we argue that public debt can be reduced by decentralizing money because it would eliminate the federal government's option of monetizing its debt.
Competition among Institutions
Competition among Institutions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Competition among Institutions write by Luder Gerken. This book was released on 1996-01-12. Competition among Institutions available in PDF, EPUB and Kindle. Economists generally accept that competition discloses knowledge, enhances efficiency and restrains power. However, these effects of competition have so far been discussed mainly with respect to economic markets in which firms and households compete within a given set of institutions, that is within a given legal order. The question arises whether competition may also have comparable effects on the institutional level in the sense of competition among legal orders and thus serve as an antidote to today's problems. The present book addresses some of the fundamental aspects associated with institutional competition and identifies some possible lines for further research on how institutions can compete to bring about social and economic change.
