Money for Nothing
Politicians, Rent Extraction and Political Extortion
By (author) Fred S. McChesney
Normal Price: $125.00
Your Price: $112.50 AUD, inc. GST
Shipping: $7.95 per order
You Save: $12.50! (10% off normal price)
Plus...earn $5.62 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Money for Nothing by Fred S. McChesney
Book DescriptionSurveys reveal that the majority of Americans believe government is run for special interest, not public interest. The increased power of lobbyists in Washington and the excesses of campaign contributions and other favours seem to indicate a government corrupted by big private-interest groups. This gives only a partial understanding of why private interests are paying. The book argues that payments to politicians are often made not for political favour, but to avoid political disfavour as part of a system of "rent extraction". Politicians can legally extort from private parties payments to not expropriate private wealth. In this sense it is money for nothing, money paid in exchange for a politician's inaction. The author tests this model of wealth extraction with many examples and shows how it applies more generally to regulation.
Buy Money for Nothing book by Fred S. McChesney from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780674583306
(235mm x 155mm x 21mm)
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 2-Jun-1997
Country of Publication: United States
Books By Author Fred S. McChesney
Property Rights, Paperback (November 2002)
The institution of property is as old as mankind, and property rights are deemed vital to a prosperous economic system. This book explores how property rights arise, and how they bolster economic development. It also examines as well how controversies over valuable property rights are resolved: by agreement, by violence, or by law.
Economic Inputs, Legal Outputs, Hardback (April 1998)
Brings together a selection of articles which discuss the role of economists in the enforcement of antitrust law. Presents the various ways economists function in the world of antitrust. Includes econometric market delineation, monopolies, and antitrust analysis.
Causes and Consequences of Antitrust, Paperback (December 1994)» View all books by Fred S. McChesney
Assessing 100 years of antitrust policy in the USA, this text shows that although antitrust laws claim to serve the public, they are vulnerable to the influence of special interest groups. An analysis of how antitrust bows to self-serving business interests instead of the consumer is also included.
» Have you read this book? We'd like to know what you think about it - write a review about Money for Nothing book by Fred S. McChesney and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Fred S. McChesney
Fred S. McChesney is Professor of Law at the Cornell Law School.
Bestselling Books: Our Current Bestsellers | Australia's Hottest 1000 Books | Bestselling Fiction | Bestselling Crime Mysteries and Thrillers | Bestselling Non Fiction Books | Bestselling Sport Books | Bestselling Gardening and Handicrafts Books | Bestselling Biographies | Bestselling Food and Drink | Bestselling History | Bestselling Travel Books | Bestselling School Textbooks & Study Guides | Bestselling Children's General Non-Fiction | Bestselling Young Adult Fiction | Bestselling Children's Fiction | Bestselling Picture Books | Top 100 US Bestsellers
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2017. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687
For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.