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The state: Agent or proprietor?

Herschel Grossman

Economics of Governance, 2000, vol. 1, issue 1, 3-11

Abstract: This paper addresses the following question: Does characterizing the state to be an agent of its citizens provide a useful “as if” framework for positive analysis of economic policy? Or, can we understand economic policy only by explicitly characterizing the state as proprietary, the instrument of the ruling elite? Copyright Springer-Verlag Berlin Heidelberg 2000

Keywords: Key words:Political economy; state; ruling elite; credibility; economic policy; JEL classification:D78 (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (15)

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