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| EST. READ TIME 1 MIN.The New Federalist
How can government become more efficient? The answer, world-renowned economist Gordon Tullock explains, is to let governments compete with each other. This means allowing small communities to decide how much to tax and spend. Citizens can then vote with their feet and settle in the community that gives the best mix of services for tax dollars. Governments that remain inefficient will lose their tax base and be forced to mend their ways. Tullock masterfully explains how Canada could move toward such a system and the benefits Canadians would receive.
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Gordon Tullock
Gordon Tullock is Professor Emeritus of Law at George Mason University. Tullock received a J.D. from the University of Chicagoin 1947. Although his training is in law, not economics, he is an intellectual giant in the fields of economics and public choice and is considered one of the fathers of public choice theory. Professor Tullock is best known for inventing the concept of rent-seeking: the use of political or institutional power to extract wealth transfers from the rest of the economy. He is the author of 16 books and more than 150 papers.… Read more Read Less…
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