Private Wants-public Means


Book Description




The Encyclopedia of Public Choice


Book Description

The Encyclopedia provides a detailed and comprehensive account of the subject known as public choice. However, the title would not convey suf- ciently the breadth of the Encyclopedia’s contents which can be summarized better as the fruitful interchange of economics, political science and moral philosophy on the basis of an image of man as a purposive and responsible actor who pursues his own objectives as efficiently as possible. This fruitful interchange between the fields outlined above existed during the late eighteenth century during the brief period of the Scottish Enlightenment when such great scholars as David Hume, Adam Ferguson and Adam Smith contributed to all these fields, and more. However, as intell- tual specialization gradually replaced broad-based scholarship from the m- nineteenth century onwards, it became increasingly rare to find a scholar making major contributions to more than one. Once Alfred Marshall defined economics in neoclassical terms, as a n- row positive discipline, the link between economics, political science and moral philosophy was all but severed and economists redefined their role into that of ‘the humble dentist’ providing technical economic information as inputs to improve the performance of impartial, benevolent and omniscient governments in their attempts to promote the public interest. This indeed was the dominant view within an economics profession that had become besotted by the economics of John Maynard Keynes and Paul Samuelson immediately following the end of the Second World War.




Private Means


Book Description

“This feels like an Ian McEwan novel. Served on a bed of Cheever. I can’t offer higher praise than that. But written by a woman. Which is even better.”— Elizabeth Gilbert Spanning the course of a single summer, Private Means is acclaimed memoirist Cree LeFavour’s sumptuous fiction debut—a sharply observed comedy of manners and a moving meditation on marriage, money, and loss. A deliciously compulsive first novel from New York Times Editor’s Choice author of Lights On, Rats Out, Cree LeFavour’s Private Means captures the very essence of summer in a sharply observed, moving meditation on marriage, money, and loss. It's Memorial Day weekend and Alice’s beloved dog Maebelle has been lost. Alice stays in New York, desperate to find her dog, while her husband Peter drives north to stay with friends in the Berkshires. Relieved to be alone, Alice isn&apost sure if she should remain married to Peter but she’s built a life with him. For his part, Peter is pleased to have time alone—he’s tired of the lost dog drama, of Alice’s coolness, of New York. A psychiatrist, he ponders his patients and one, particularly attractive, woman in particular. As the summer unfolds, tensions rise as Alice and Peter struggle with infidelity, loneliness, and loss. Escaping the heat of New York City to visit wealthy friends in the Hamptons, on Cape Cod, and in the Berkshires, each continues to play his or her part in the life they’ve chosen together. By the time Labor Day rolls around, a summer that began with isolation has transformed into something else entirely. Matching keen observations on human behavior with wry prose, Private Means, with its sexy, page-turning plot, will draw fans of Nora Ephron and Meg Wolitzer. At once dark, funny, sad, and suspenseful, LeFavour’s debut is a rare find: a tart literary indulgence with depth and intelligence.




Private Government


Book Description

Why our workplaces are authoritarian private governments—and why we can’t see it One in four American workers says their workplace is a “dictatorship.” Yet that number almost certainly would be higher if we recognized employers for what they are—private governments with sweeping authoritarian power over our lives. Many employers minutely regulate workers’ speech, clothing, and manners on the job, and employers often extend their authority to the off-duty lives of workers, who can be fired for their political speech, recreational activities, diet, and almost anything else employers care to govern. In this compelling book, Elizabeth Anderson examines why, despite all this, we continue to talk as if free markets make workers free, and she proposes a better way to think about the workplace, opening up space for discovering how workers can enjoy real freedom.




Private Truths, Public Lies


Book Description

Preference falsification, according to the economist Timur Kuran, is the act of misrepresenting one's wants under perceived social pressures. It happens frequently in everyday life, such as when we tell the host of a dinner party that we are enjoying the food when we actually find it bland. In Private Truths, Public Lies Kuran argues convincingly that the phenomenon not only is ubiquitous but has huge social and political consequences. Drawing on diverse intellectual traditions, including those rooted in economics, psychology, sociology, and political science, Kuran provides a unified theory of how preference falsification shapes collective decisions, orients structural change, sustains social stability, distorts human knowledge, and conceals political possibilities. A common effect of preference falsification is the preservation of widely disliked structures. Another is the conferment of an aura of stability on structures vulnerable to sudden collapse. When the support of a policy, tradition, or regime is largely contrived, a minor event may activate a bandwagon that generates massive yet unanticipated change. In distorting public opinion, preference falsification also corrupts public discourse and, hence, human knowledge. So structures held in place by preference falsification may, if the condition lasts long enough, achieve increasingly genuine acceptance. The book demonstrates how human knowledge and social structures co-evolve in complex and imperfectly predictable ways, without any guarantee of social efficiency. Private Truths, Public Lies uses its theoretical argument to illuminate an array of puzzling social phenomena. They include the unexpected fall of communism, the paucity, until recently, of open opposition to affirmative action in the United States, and the durability of the beliefs that have sustained India's caste system.




Public Goods and Market Failures


Book Description

Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory and challenges the conclusion of many economists and policy-makers that market failures cannot be corrected by market forces. The volume includes major case studies of private provision of public goods. Among the goods considered are lighthouse services, education, municipal services, and environmental conservation.




To Serve and Protect


Book Description

Traces the accelerating trend towards privatization in the criminal justice system In contrast to government's predominant role in criminal justice today, for many centuries crime control was almost entirely private and community-based. Government police forces, prosecutors, courts, and prisons are all recent historical developments–results of a political and bureaucratic social experiment which, Bruce Benson argues, neither protects the innocent nor dispenses justice. In this comprehensive and timely book, Benson analyzes the accelerating trend toward privatization in the criminal justice system. In so doing, To Serve and Protect challenges and transcends both liberal and conservative policies that have supported government's pervasive role. With lucidity and rigor, he examines the gamut of private-sector input to criminal justice–from private-sector outsourcing of prisons and corrections, security, arbitration to full "private justice" such as business and community-imposed sanctions and citizen crime prevention. Searching for the most cost-effective methods of reducing crime and protecting civil liberties, Benson weighs the benefits and liabilities of various levels of privatization, offering correctives for the current gridlock that will make criminal justice truly accountable to the citizenry and will simultaneously result in reductions in the unchecked power of government.




The Budget-Maximizing Bureaucrat


Book Description

Thirteen scholars reexamine one of the most provocative and debated models of bureaucratic behavior, as developed by William A. Niskanen in his seminal book, Bureaucracy and Representative Government. The essays evaluate a wide array of findings, both qualitative and quantitative, relevant to the various aspects of the model, and offer conclusions about its merits and limits, suggesting alternative explanations of bureaucratic behavior. Niskanen provides his own reassessment and reflections on the debate.




Who Decides Who Decides?


Book Description

This book makes the case for 'ordinary' people to get the health and social care which the state has promised them for over 60 years but which has not been delivered. What is the case for choice? How can choice be made real for the individual? What impact can genuine, individually financially-empowered choice have on effective funding, purchasing, delivery, and outcomes? How can a genuine market grow and thrive? How can the quest for choice include the large numbers of NHS and social care staff on whom success depends? The book urges individual financial empowerment, through a life-long health savings account for all NHS and social services.




The Economist's View of the World


Book Description

A thought-provoking tour of the economist's mind using non-technical language and relevant political examples throughout.




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