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taxing thoughts
Author(s) -
McKenzie Richard
Publication year - 1992
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1992.tb00845.x
Subject(s) - government (linguistics) , capital (architecture) , economics , economic policy , political science , political economy , business , public economics , development economics , geography , philosophy , linguistics , archaeology
Why has government stopped growing in the main industrial countries? Richard McKenzie, of the University of California, argues that governments have been forced to compete for capital which has become increasingly mobile because of technical changes. This has had the effect of reducing taxation and containing government expansion.