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Government and Efficiency

Exchange and Politics

Can economics ideas make the jump from exchange to the political world?
www.gmu.edu/jbc/aboutpubchoic.html

Majority Rule and Economic Efficiency

Gordon Tullock, one of the founders of the public-choice branch of economics, examines government spending from the point of view of public-choice theory in this entry in The Concise Encyclopedia of Economics:
www.econlib.org/LIBRARY/Enc/GovernmentSpending.html

Tyler Cowen, who is one of the economists behind the excellent marginalrevolution.com blog, explains the implications of public goods and externalities in The Concise Encyclopedia of Economics:
www.econlib.org/LIBRARY/Enc/PublicGoodsandExternalities.html

Public and Private Interest

Richard L. Stroup, who is a co-author of an economics textbook, writes about political behavior in the last of our entries from The Concise Encyclopedia of Economics:
www.econlib.org/LIBRARY/Enc/PoliticalBehavior.html

The Politics of Taxation

Greg Mankiw makes a reference to tax incidence in this blog entry. See if you can figure out what he is arguing:
gregmankiw.blogspot.com/2007/04/tax-incidence-in-illinois.html

Efficiency of an Excise Tax (I)

Frank Levy uses interactive graphs to explain the consequences of a simple tax:
plaza.mit.edu/econ/index.php?id=24
plaza.mit.edu/econ/index.php?id=25

Efficiency of an Excise Tax (II)

This site has the complete analysis of an excise tax in a competitive market:
www.sjsu.edu/faculty/watkins/taximpact.htm

Government Redistribution

Joel Slemrod of the University of Michigan explains the purpose and effects of progressive taxation, one of the ways government attempts to redistribute income:
www.econlib.org/LIBRARY/Enc/ProgressiveTaxes.html

Isabel Sawhill of the Brookings Institution looks at poverty in the U.S. and the government attempts to reduce it:
www.econlib.org/LIBRARY/Enc/PovertyintheUnitedStates.html

Government Redistribution II

Dwight Lee takes a skeptical look at attempts of the government to reduce income disparities in the U.S. in yet another entry from The Concise Encyclopedia of Economics:
www.econlib.org/library/Enc/RedistributionofIncome.html

Rent Seeking

Gordon Tullock, one of the founders of the public-choice school of economics, explains rent-seeking:
www.thelockeinstitute.org/journals/luminary_v1_n2_p2.html 

These links were checked on July 5, 2008.

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