Public Choice Theory of Government Intervention

  • Bailey S
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Abstract

Previous chapters have examined the efficiency rationale for government intervention, namely where markets fail to achieve allocative efficiency, and the means by which such intervention is financed. The basic Keynesian model of the management of aggregate demand is...

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APA

Bailey, S. J. (1995). Public Choice Theory of Government Intervention. In Public Sector Economics (pp. 99–110). Macmillan Education UK. https://doi.org/10.1007/978-1-349-24004-3_7

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