Chicago Studies in Political Economy by George J. StiglerChicago Studies in Political Economy by George J. Stigler

Chicago Studies in Political Economy

EditorGeorge J. Stigler

Paperback | October 15, 1988

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"There is no question that a well-defined 'Chicago School' of political economy has emerged, built largely around the work of George J. Stigler and his colleagues. Chicago Studies in Political Economy brings together the key works in this field, works that have been extremely influential among economists who study political processes. It is a collection of enormous value."—Roger G. Noll
George Stigler was an American economist whose staunch support of the price system and competitive market forces made him one of the leading proponents of the "Chicago school" of economics. He was educated at the University of Washington, Northwestern University, and the University of Chicago. He taught at several universities, includi...
Title:Chicago Studies in Political EconomyFormat:PaperbackDimensions:660 pages, 9.03 × 6.06 × 1.5 inPublished:October 15, 1988Publisher:University Of Chicago Press

The following ISBNs are associated with this title:

ISBN - 10:0226774384

ISBN - 13:9780226774381


Table of Contents

Preface by George J. Stigler
Part 1: The Political System
1. The Growth of Government
Sam Peltzman
2. Public Policies, Pressure Groups, and Dead Weight Costs
Gary S. Becker
3. Director's Law of Public Income Redistribution
George J. Stigler
4. An Economic Interpretation of the History of Congressional Voting in the Twentieth Century
Sam Peltzman
5. A Theory of Primitive Society, with Special Reference to Law
Richard A. Posner
Part 2: The Theory of Regulation
6. The Theory of Economic Regulation
George J. Stigler
7. Toward a More General Theory of Regulation
Sam Peltzman
8. Why Regulate Utilities?
Harold Demsetz
9. The Social Costs of Monopoly and Regulation
Richard A. Posner
Part 3: Studies of Industry Regulation
10. An Evaluation of Consumer Protection Legislation: The 1962 Drug Amendments
Sam Peltzman
11. The Effects of Automobile Safety Regulation
Sam Peltzman
12. Consequences and Causes of Public Ownership of Urban Transit Facilities
B. Peter Pashigian
13. Discrimination in HEW: Is the Doctor Sick or Are the Patients Healthy?
George J. Borjas
14. The Effects of Consumer Safety Standards: The 1973 Mattress Flammability Standard
Peter Linneman
15. Insurance, Liability, and Accidents: A Theoretical and Empirical Investigation of the Effect of No-Fault on Accidents
Elisabeth M. Landes
16. Efficient Redistribution through Commodity Markets
Bruce L. Gardner
17. Environmental Regulation: Whose Self-Interests Are Being Protected?
B. Peter Pashigian
Part 4: Corrective Policies
18. Crime and Punishment: An Economic Approach
Gary S. Becker
19. Law Enforcement, Malfeasance, and Compensation of Enforcers
Gary S. Becker and George J. Stigler
20. The Impact of Product Recalls on the Wealth of Sellers
Gregg A. Jarrell and Sam Peltzman

From Our Editors

This book is made up of 20 previous published essays, edited by George J. Stigler. The volume takes as its point of departure the identification of the economic forces that determine a state's political institutions and the articulation of a theory of regulatory policy that accounts for those forces. Eight empirical studies of industry regulation follow, and the volume concludes with a consideration of several corrective policies.