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Who Governs?

- Legislatures, Bureaucracies, or Markets?

Bag om Who Governs?

When we start to perceive that there is a problem in the market (such as monopoly, fraud or speculation), the legislature passes a law to correct it, a bureaucracy is created to interpret and enforce the new law, firms and other market participants comply, and the problem is solved.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783030330859
  • Indbinding:
  • Paperback
  • Sideantal:
  • 274
  • Udgivet:
  • 29. januar 2021
  • Udgave:
  • 12020
  • Størrelse:
  • 148x210x0 mm.
  • Vægt:
  • 454 g.
  • 8-11 hverdage.
  • 28. november 2024

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Beskrivelse af Who Governs?

When we start to perceive that there is a problem in the market (such as monopoly, fraud or speculation), the legislature passes a law to correct it, a bureaucracy is created to interpret and enforce the new law, firms and other market participants comply, and the problem is solved.

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