Political Capitalism

How Economic and Political Power Is Made and Maintained

By:

Randall G Holcombe

Format:

Paperback / softback

Series:

Cambridge Studies in Economics, Choice and Society

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Description

Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.

Author Biography:

Randall G. Holcombe is DeVoe Moore Professor of Economics at Florida State University. Dr olcombe is also Senior Fellow at the James Madison Institute, a Tallahassee-based think tank that specializes in issues facing state governments. He served on Florida Governor Jeb Bush's Council of Economic Advisors from 2000 to 2006, and is past president of the Public Choice Society and the Society for the Development of Austrian Economics.

Release date NZ

July 19th, 2018

Author

Randall G Holcombe

Audience

Professional & Vocational

Illustrations

Worked examples or Exercises; 3 Line drawings, black and white

Pages

304

Series

Cambridge Studies in Economics, Choice and Society

Dimensions

152x227x17

ISBN-13

9781108449908

Product ID

27600135

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