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Bureaucracy and Public Economics
William Niskanen has consistently argued that bureaucrats have personal objectives - that differ from those of both their political supervisors and the general public - which they further by use of their monopoly power. He develops his argument to contend that government budgets have become too large and should be curtailed.
Reflections of a Political Economist
This retrospective by acclaimed economist William A. Niskanen examines a wide variety of key public policies and politically controversial issues, including those pertaining to trade, unemployment, election law, and the economics of war and peace. Niskanen applies sharply focused economic perspectives to each topic, illustrating how the use of economic incentives significantly aids the creation of solid, successful polices.
Reaganomics
"Reaganomics" was the most ambitious attempt to change the course of American economic policy of any administration since the New Deal. In this lively, well-informed account, William Niskanen describes in detail the formulation of the Reagan economic program, the internal debates, the effects of this program on the economy, and the probable future of the Reagan economic initiative. A distinguished economist who served on the Council of Economic Advisers from 1981 to 1985, Niskanen was at the forefront of the Reagan revolution--as a supporter and internal critic, as a participant in and witness to many of the critical decisions that shaped this program. He provides here an authoritative, first-hand account of American economic policy in the 1980s.
Policy Analysis and Public Choice
A selection of essays examining economic policy and politics in the United States.
The Budget-Maximizing Bureaucrat
Thirteen scholars reexamine one of the most provocative and debated models of bureaucratic behavior, as developed by William A. Niskanen in his seminal book, Bureaucracy and Representative Government. The essays evaluate a wide array of findings, both qualitative and quantitative, relevant to the various aspects of the model, and offer conclusions about its merits and limits, suggesting alternative explanations of bureaucratic behavior. Niskanen provides his own reassessment and reflections on the debate.
Corporate Aftershock
Das Scheitern von scheinbar grundsoliden, unerschütterlichen Unternehmen wie Enron haben nicht nur zu großen Missverständnissen über die Märkte geführt, sondern auch zu übereilten Forderungen nach strengeren Vorschriften. "Corporate Aftershock" ist eine fundierte Antwort auf die zahlreichen Vorschläge, Derivate und andere Finanztransaktionen als Folge des Zusammenbruchs von Enron, zu beschränken. Der Band präsentiert eine stichhaltige Analyse der Situation der Public Policy nach dem Enron Debakel. Er erläutert, was wahrscheinlich passieren wird und geht auch darauf ein, was aus Sicht einer ausgewogenen Wirtschaftsanalyse passieren sollte. Autor Christopher Culp ist ein anerkannter Experte auf diesem Gebiet. Er ist Managing Director von C.P. Risk Management LCC, Adjunct Associate Professor of Finance an der Graduate School of Business der Universität von Chicago sowie Gastprofessor für 'Risk and Insurance' am Institut für Finanzmanagement der Universität Bern.
Bureaucracy and Representative Government
This is the first book to develop a formal theory of supply by bureaus. Niskanen develops an original and comprehensive theory of the behavior of bureaus with the institutions of representative government. He challenges the traditional view that monopoly bureaus are the best way to organize the public sector, and he suggests ways to use competitive bureaus and private firms to perform operations such as delivering mail, fighting wars, or running schools more efficiently than the present government agencies.The theory concludes that most bureaus are too large, grow too fast, use too much capital, and exploit their sponsor. His theory explains the relation of the output and budget of a bureau ...
After Enron
After Enron first describes the conditions that led to the collapse of Enron and other corporate scandals and the concerns that these developments raised among the public, the press, and political officials. The book then describes and evaluates the initial private and public responses to these developments and concludes that most of these responses were unnecessary, harmful, or inadequate. There are four major lessons learned during the post-Enron scandal era: Don't count too much on financial accounting. Don't count too much on auditing. The tax system is an important part of the problem. The rules of corporate governance do not adequately serve the interests of general shareholders. After...
The Elgar Companion to Public Choice
'This is a comprehensive set of essays on myriad facets of public choice by many of the leading contributors in the field. The coverage is excellent and the essays are terrific. I highly recommend this book for researchers and students.' – Todd Sandler, University of Texas at Dallas, US The Elgar Companion to Public Choice, Second Edition brings together leading scholars in the field of political economy to introduce readers to the latest research in public choice. The Companion lays out a comprehensive history of the field and, in five additional parts, it explores public choice contributions to the study of the origins of the state, the organization of political activity, the analysis of decision-making in non-market institutions, the examination of tribal governance, and to modeling and predicting the behavior of international organizations and transnational terrorism. With broad and up-to-date coverage, this second edition will appeal to politicians and policymakers, academics and researchers in public and social choice and political science as well as graduate students in economics, political science and public administration.
