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Capa de The grabbing hand

a novel ·

The grabbing hand

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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 …

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  • ● business & economics, science & technology

the long version

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.

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Margaret's verdict

"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 …"

— Margaret

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