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I contribute to the theory of entangled political economy by showing how entanglement can be characterized in terms of political property rights. A political property right grants its holder a share of decision-making power in a specific context, as well as specifies to whom the costs and...
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Frontmatter -- Contents -- Foreword -- Introduction -- 1. Why Is the U.S. Banking Industry in Trouble? Business Cycles, Loan Losses, and Deposit Insurance -- 2. Public-Sector Deficits and Private-Sector Performance -- 3. An Empirical Analysis of Public Choice Aspects of the Savings and Loan...
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