Sam Peltzman is one of the world's leading economists, and the essays in this collection are central to the modern canon in political economy. These ten articles and an original introduction respond to two broad questions: How does government work? How do voters and their elected representatives make decisions? Given the media's portrayal of the cynical political atmosphere in America, Peltzman's responses are rather surprising the electorate really does make well-informed decisions and elected officials actually do tend to vote according to their constituents' interests. These conclusions...
Sam Peltzman is one of the world's leading economists, and the essays in this collection are central to the modern canon in political economy. These t...
Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it...
Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, e...