The grabbing hand
by Andrei Shleifer , Robert W. Vishny
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First published: 1998
1 language
ISBN: 9780674358874
Description
In many countries, public sector institutions impose heavy burdens on economic life: heavy and arbitrary taxes retard investment, regulations enrich corrupt bureaucrats, state firms consume national wealth, and the most talented people turn to rent-seeking rather than productive activities. The authors of this collection of essays describe many of these pathologies of a grabbing hand government and examine their consequences for growth.
