that my view is not particularly controversial, at least in Kyklor. 4. See, DAVID L.SHAPIRO, Public Investment Have a Positive Rate of Return?â, Journal of Polilical âCan Ecommy, Vol. 8 1 (1973), March/April, pp. 401-1 3. GORDON TULLOCK we would anticipate that the effect on the economy as a whole would tend to be relatively random. If so, we would expect that the transfer effect of the outcome of this dispute on the economy as a whole would only by coincidcnce fit some idea of social policy. Basically, it would simply be a random transfer. In my original article, I talked mainly about transfers of this sort, i. e., decisions on appropriations or programs which had a fairly concrete and narrow direct effect for some limited group of people. BROWNING to âtax reformâ as a typical refers , as (of) most other government proexample and says, âThe salient feature, grams which redistribute income, is that it transfers income from one group of millions of people to another group of similarly large sizeâ. His example is âthe degree of progressivity of the income tax structureâ. He argues that âno voluntary contribution to lobbyingâ was made on this issues. Clearly
Kyklos International Review of Social Sciences – Wiley
Published: Jan 1, 1974
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