Economic Politics The Costs of Democracy |
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| Author:
| Keech, William R. |
| ISBN: | 978-0-521-46206-8 |
| Publication Date: | Feb 1995 |
| Publisher: | Cambridge University Press
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| Book Format: | Hardback |
| List Price: | USD $107.00 |
Book Description:
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Drawing on concrete and observable experience in the U.S., with occasional reference to other countries, this accessible synthesis of extensive material suggests that there are modest and bearable costs of democratic procedures, comparable to the agency costs incurred whenever a principal delegates authority to an agent.
Drawing on concrete and observable experience in the U.S., with occasional reference to other countries, this accessible synthesis of extensive material suggests that there are modest and bearable costs of democratic procedures, comparable to the agency costs incurred whenever a principal delegates authority to an agent.