Social Contract, Free Ride : A Study of the Public-Goods Problem
Book Details
Format
Paperback / Softback
ISBN-10
0865977011
ISBN-13
9780865977013
Publisher
Liberty Fund Inc
Imprint
Liberty Fund Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Apr 29th, 2008
Print length
276 Pages
Weight
468 grams
Dimensions
22.90 x 15.30 x 2.00 cms
Product Classification:
Constitution: government & the state
Ksh 2,300.00
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This book provides a novel account of the public goods dilemma. The author shows how the social contract, in its quest for fairness, actually helps to breed the parasitic ''free riding'' it is meant to suppress. He also shows how, in the absence of taxation, many public goods would be provided by spontaneous group co-operation. This would, however, imply some degree of free riding. Unwilling to tolerate such unfairness, co-operating groups would eventually drift from voluntary to compulsory solutions, heedless of the fact that this must bring back free riding with a vengeance. The author argues that the perverse incentives created by the attempt to render public provision assured and fair are a principal cause of the poor functioning of organised society.
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