Socialism versus Decentralization

From Dickinson College Wiki
Revision as of 08:32, 2 May 2006 by 172.16.53.174 (talk)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

A standard argument in the study of peroperty rights and forms of ecomomic organization is that an institutional rule established by decentralized evergence is more socially efficient than is one established by the state, because the latter is subject to political manipulation and the influence of distributive interests. s