Suchergebnisse

Public officials often have little incentive to spend time and effort proposing policies that benefit others. When, however, some public policies generate rents to these officials, rent seeking in politics can motivate them to provide public goods. We consider the motivational effects of rent seeking on (i) policy, (ii) the the role of agenda‐setting in social choice theory, (iii) the effects of graft and corruption in government, and (iv) the validity of cost‐benefit analysis.

Based on two lectures given in 2014 by the author during the Tanner Lectures on Human Values delivered at Princeton University, followed by four commentaries by eminent scholars and the author's response to the commentators. Anderson questions the authoritarian control workers have been forced to give to their employers in order to remain employed and historically why this goes against American ideology of free market values.