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Would Economic Democracy Decrease the Amount of Public Bads?

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Author Info

  • Roemer, J.E.

Abstract

The general argument of those who believe that economic democracy decreases the amount of public bads is that, with economic democracy, 'the people' would make decisions rather than a small class of capitalists. An attempt is made to evaluate and analyze this argument. Several possibilities emerge and the situation is found to be more subtle than implied by this popular argument. Copyright 1993 by The editors of the Scandinavian Journal of Economics.

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Bibliographic Info

Paper provided by California Davis - Institute of Governmental Affairs in its series Papers with number 376.

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Length: 25 pages
Date of creation: 1991
Date of revision:
Handle: RePEc:fth:caldav:376

Contact details of provider:
Postal: UNIVERSITY OF CALIFORNIA DAVIS, INSTITUTE OF GOVERNMENTAL AFFAIRS, RESEARCH PROGRAM IN APPLIED MACROECONOMICS AND MACRO POLICY, DAVIS CALIFORNIA 95616 U.S.A.

Related research

Keywords: democracy ; socialism ; economic models;

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Cited by:
  1. Corneo, Giacomo G., 1997. "Taxpayer-consumers and public pricing," Economics Letters, Elsevier, vol. 57(2), pages 235-240, December.
  2. Thomas Renstrom & Erkan Yalcin, 2002. "Endogenous Firm Objectives," Industrial Organization 0204001, EconWPA.
  3. Pranab Bardhan and John E. Roemer., 1991. "Market Socialism: A Case for Rejuvenation," Economics Working Papers 91-175, University of California at Berkeley.
  4. Frank Milne & David Kelsey, 2005. "Externalities, Monopoly and the Objective Function of the Firm," Working Papers 1078, Queen's University, Department of Economics.
  5. Giacomo Corneo, 2005. "Media Capture in a Democracy: The Role of Wealth Concentration," CESifo Working Paper Series 1402, CESifo Group Munich.
  6. Thomas Renstrom & Erkan Yalcin, . "Endogeneous Firm Objectives," Wallis Working Papers WP27, University of Rochester - Wallis Institute of Political Economy.
  7. James A. Yunker, 2003. "Capital Wealth Inequality and Public Bads: A Mathematical Analysis," Eastern Economic Journal, Eastern Economic Association, vol. 29(1), pages 105-119, Winter.
  8. Srinivasan, T.N. & Robinson, J.A., 1995. "Long-Term Consequences of Population Growth: Technological Change, Natural Resources, and the Environment," Papers 748, Yale - Economic Growth Center.
  9. Renström, Thomas I & Yalcin, Erkan, 2002. "Endogenous Firm Objectives," CEPR Discussion Papers 3361, C.E.P.R. Discussion Papers.
  10. Frank Milne & David Kelsey, 2006. "Takeovers and Cooperatives," Working Papers 1113, Queen's University, Department of Economics.

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