We provide the first empirical analysis of gubernatorial pay. Using US data for 1950-90 we document, contrary to widespread assumptions, substantial variation in the wages of politicians, both across states and over time. Gubernatorial wages respond to changes in state income per capita and...

Frontmatter -- CONTENTS -- Preface to the Paperback Edition -- Introduction: A Machine for Getting Stuff Done -- CHAPTER 1: The Outsider -- CHAPTER 2: Designing the Job -- CHAPTER 3: Putting Together the Organizational Puzzle -- CHAPTER 4: In Praise of Squelching Innovation -- CHAPTER 5: What...

"We study the logic of Peronist interventionist polices and the beliefs that support them. Instead of a comprehensive approach, we focus on three elements. First, we study beliefs and values about the economic system present in Peron's speeches during the period 1943-55. Second, we study survey...