Dilemma of Democracy: The Political Economics of Over-Government

Name: Dilemma of Democracy: The Political Economics of Over-Government
Brand: Iea
SKU: 9780255365369
Price: 1447.0 INR
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by Arthur Seldon

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ISBN13: 9780255365369
Binding: Paperback
Subject: N/A
Publisher: Iea
Publisher Imprint: Iea
Publication Date: May 20, 2002
Pages: 143
Original Price: GBP 10.0
Language: English
Edition: Revised
Item Weight: 159 grams
BISAC Subject(s): Political Ideologies / Democracy

About The Book

Governments have been taking control of activities - 'public' goods, 'public' utilities, welfare and local government services - which would have been better left to the private sector. Most of them were being privately provided before the state crowded out private initiatives. People will increasingly escape to non-state suppliers unless the government withdraws from many of these activities. Government should reduce its share of national income from 40 per cent to 20 per cent. Arthur Seldon, for many years the IEA's editorial director, argues that attempts to correct market 'imperfections' have created over-government. But the 'escapable power of political government' is up against the 'irresistible economic force of the market'. Sir Samuel Brittan contributes a comment in which he says that Seldon's paper reveals 'a deep belief in the superior ability of ordinary citizens to make their own choices and decisions better than governments or experts or committees'.

About The Author

Seldon, Arthur: - Arthur Seldon was the Editorial Director at the Institute of Economic Affairs from the late 1950s until the later 1980s. At the IEA, he directed a publishing programme that included some of the world's most eminent economists, including FA Hayek and Milton Friedman. Arthur Seldon was a prolific author and one of the most influential economists of the late twentieth century.

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