George stigler's theory of economic regulation at 50 guest editors, Diana W. Thomas and Michael D. Thomas
Contributor(s): Thomas, Diana W
| Thomas, Michael D.
Material type: 
ArticleSubject(s): TEORIA ECONOMICA | DERECHO ECONOMICO | STIGLER, GEORGE JOSEPH
In:
Public Choice v. 193, n. 1-2. October 2022, 125 p.Summary: Since its publication in 1971, George J. Stigler’s “Theory of Economic Regulation” (1971), secured its place as the dominant theory of the causes and consequences of regulation in economics. The article was cited by the economic Nobel prize committee as one of the reasons Stigler received the prize in 1982. In his article, Stigler (1971) frames the conversation regarding the “Theory of Economic Regulation” around an analysis of the political demand for and supply of regulation. Following the 50th anniversary of the 1971 paper, the contributors to this special issue evaluate the impact of his “Theory of Economic Regulation”, apply it to other policy questions, and summarize the literature produced in response to his original insight.
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| OP 1443/2022/192/1/2 Public Choice | OP 1443/2022/192/1/2-1 Estimating the effect of rent-seeking on income distribution | OP 1443/2022/192/3/4-1 Democracy and the quality of economic institutions | OP 1443/2022/193/1/2-1 George stigler's theory of economic regulation at 50 | OP 1443/2022/193/1/2-2 International regulatory diversity over 50 years | OP 1443/2022/193/3/4 Public Choice | OP 1443/2022/193/3/4-1 The determinants of social expenditures in OECD countries |
Bibliografía.
Since its publication in 1971, George J. Stigler’s “Theory of Economic Regulation” (1971), secured its place as the dominant theory of the causes and consequences of regulation in economics. The article was cited by the economic Nobel prize committee as one of the reasons Stigler received the prize in 1982. In his article, Stigler (1971) frames the conversation regarding the “Theory of Economic Regulation” around an analysis of the political demand for and supply of regulation. Following the 50th anniversary of the 1971 paper, the contributors to this special issue evaluate the impact of his “Theory of Economic Regulation”, apply it to other policy questions, and summarize the literature produced in response to his original insight.
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