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Dino Falaschetti - Democratic Governance and Economic Performance - 9781461417217 - V9781461417217
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Democratic Governance and Economic Performance

€ 120.34
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Description for Democratic Governance and Economic Performance Paperback. Conventional wisdom warns that unaccountable political and business agents can enrich a few at the expense of many. This book rigorously develops this hypothesis and provides evidence of how "democracy can go too far" and thus decrease economic performance. Series: Studies in Public Choice. Num Pages: 131 pages, 10 black & white tables, biography. BIC Classification: JPA; KCBM; KFFD; KJU. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 8. Weight in Grams: 229.

Conventional wisdom warns that unaccountable political and business agents can enrich a few at the expense of many. But logically extending this wisdom implies that associated principals – voters, consumers, shareholders – will favor themselves over the greater good when ‘rules of the game’ instead create too much accountability. Democratic Governance and Economic Performance rigorously develops this hypothesis, and finds statistical evidence and case study illustrations that democratic institutions at various governance levels (e.g., federal, state, corporation) have facilitated opportunistic gains for electoral, consumer, and shareholder principals. To be sure, this conclusion does not dismiss the potential for democratic governance ... Read more

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Product Details

Format
Paperback
Publication date
2011
Publisher
Springer-Verlag New York Inc. United States
Number of pages
131
Condition
New
Series
Studies in Public Choice
Number of Pages
131
Place of Publication
New York, NY, United States
ISBN
9781461417217
SKU
V9781461417217
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

Reviews for Democratic Governance and Economic Performance
“Falaschetti skillfully synthesizes key ideas from social choice theory, organizational economics, and interest group politics to challenge conventional wisdom about the benefits of democratic governance in organizations. This is an important book for reforming how financial institutions are regulated, and corporations are governed, in the wake of the great financial market collapse of 2008.” (Margaret Blair, Vanderbilt Law) ... Read more

Goodreads reviews for Democratic Governance and Economic Performance


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