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Economics · Studypool

ECON-642 Public Economics: Discussion 3a

  • Which U.S. Congress Committee (see list at: www.govtrack.us/congress/committees/Links to an external site. ) is the most powerful? Explain your answer.
  • Comment on: Lobbying in the U.S. is what we call bribery in developing countries.
  • Provide a real world example of where lobbying is likely worse than monopoly.

    Readings

    Textbook

    Hindriks, J., Myles, G. D. (2013). Intermediate public economics (2nd ed.). Cambridge Press
    • Chapter 11: Voting (Exclude section 11.8).
    • Chapter 12: Rent-Seeking (Exclude sections 12.3 and 12.7).

    Additional Reading

    • Besley, Timothy and Anne Case (2003) “Political Institutions and Policy Choices: Evidence from the United States” Download Besley, Timothy and Anne Case (2003) “Political Institutions and Policy Choices: Evidence from the United States”, Journal of Economic Literature, Vol. 41, No. 1 (March), pp. 7-73.