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The paper applies an empirical model, based on the economic theory of public choice, to the Group of Seven countries. It is discovered: (a) that deficit financing does appear to contribute to increased real government spending; (b) that the demand for government services as a whole does not...
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This essay explores the options for using private governance as an alternative or complement to the administrative state. It observes that private, non-governmental actors and entities often have a role in the achievement of traditionally public ends. It argues that such private governance,...
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Agents frequently have different opinions on where to locate a public facility. While some agents consider the facility a good and prefer to have it nearby, others dislike it and would like to see it built far away from their own locations. To aggregate agents' preferences in these situations,...
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A vast literature has studied political cycles in economic outcomes and economic policy tools (political business and political budget cycles, respectively). I identify a related phenomenon, which I call political bureaucratic cycles: electoral cycles in the hiring and firing of bureaucrats and...
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