Redistribution, Political Power, and Public Goods
AbstractThe core of the argument offered here is that the trade off between these two choices boils down to a benefit cost calculation rather than a Bergsonian or Arrovian value judgement: i.e., in return for the net benefits which a society obtains from the productive, public good supplying activities of a social order, it must pay costs in the form of redistriubtion to favored and powerful groups -- costs which its form of governance exacts. Both the allocative and the redistributive expenditures of governments are financed from taxation or private production/consumption.
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Bibliographic InfoPaper provided by California Irvine - School of Social Sciences in its series Papers with number 99-00-17.
Length: 32 pages
Date of creation: 2000
Date of revision:
Contact details of provider:
Postal: UNIVERSITY OF CALIFORNIA IRVINE, SCHOOL OF SOCIAL SCIENCES, IRVINECALIFORNIA 91717 U.S.A.
INCOME REDISTRIBUTION ; POLITICS ; PUBLIC GOODS;
Other versions of this item:
- McGuire, M.C., 1998. ""Redistribution, Political Power, and Public Goods"," Papers 98-99-4, California Irvine - School of Social Sciences.
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- H40 - Public Economics - - Publicly Provided Goods - - - General
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