Loužek, Marek - In: Politická ekonomie 2011 (2011) 3, pp. 407-424
work "The Organization of Industry" (1968). Sixth part explains "The Theory of Economic Regulation" (1971). Seventh part … Economist" (1988). Stigler has become famous thanks to articles "Economics of Information" (1961) and "Theory of Economic … Regulation" (1971), which says that interest groups and other political participants will use the regulatory and coercive powers …