Principled Agents?

What is good government? why do some governments fail ? how do you implement political accountability in practice? what incentives do you need to put in place to ensure that politicians and public servants act in the public interest and not their own? these questions and many more are addressed in timothy besley's intriguing lindahl lectures. economic analyses of government usually divide into two broad camps. one which emphasizes government as a force for public good that can regulate markets, ...See More