The Economic Role of the State presents a comprehensive collection
of seminal works from David Hume through to Barry Weingast.
Including an original introduction, the volume covers the main
theories and justifications for and against state intervention as
they have developed over two centuries. It also incorporates an
institutional approach to the role of the state in enforcing `the
rules of the game' of the economy as well as examining specific
issues including market failure, rent-seeking and regulation.
Economists and political scientists alike will find this to be the
ideal guide to the classic and modern arguments surrounding the
state's role in the economy.
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