... SERIES
THE ECONOMIC THEORY OF ILLEGAL GOODS:
THE CASE OF DRUGS
Gary S. Becker
Kevin M. Murphy
Michael Grossman
Working Paper 10976
http://www.nber.org/papers/w10976
NATIONAL BUREAU OF ECONOMIC ... “just say no” to drugs is an example of an attempt to reduce
consumption.
The Economic Theory of Illegal Goods: the Case of Drugs
Gary S. Becker, Kevin M. Murphy, and Michael Gross...
... methodology, theory, microeconomics, macroeco-
nomics, international trade and nance, economic policy, and even areas
such as population theory, economic geography, and transport economics.
If ... econom-
ics. e publication of the Essai played a pivotal role in the formation of the
Physiocrat School of economics in the late 1750s. We also know that it was
very inuential on the e...
... of pure
public goods, or any “pure” goods at all that accord with the above typology. Contrary
to parsimonious theory, most goods actually lie on a continuum between public and
14 MPIfG Discussion ... resources with public- goods
characteristics will therefore be underprovided and collective action means for their
provision must be found (Samuelson 1954).
Such an economic...
... three different economic theories (welfare eco-
nomics theory, property rights theory, and constitutional economics theory) with
respect to their conclusions on the problem of public goods provision. ... taxonomy
of public goods in rural areas and define the characteristics of local public goods
more precisely. Then I will discuss four goods that all comprise characteris...
... Role of Public Higher Education
Dimensions of Social and Economic Value
Higher Education’s Contribution to
Economic Development
PASSHE Economic Development
Best Practice Highlights
Questions
Public ... accelerate
economic development and income growth
Areas in need of economic stimulus or that are growing
economically demand greater higher educational services
Presentation Outl...
...
Management Theory.
Hugh T. Miller is professor of public administration and director of the School of Public Admin-
istration at Florida Atlantic University. His most recent books are Postmodern Public ... faculty of the Edward J. Blous-
tein School of Planning and Public Policy at Rutgers University. His recent publications include
Reframing Public Policy: Discursive Politics a...
...
12
INFRADEV & Infrastructure Experts Group
13
Coordinating Ministry of Economic Affairs Republic of Indonesia, Public Private Partnership (PPP) Investor’s Guide, April
2010, p5
14
State ...
Infrastructure Reform Sector Development Project; Coordinating Ministry of Economic Affairs Republic of Indonesia, Public
Private Partnership (PPP) Investor’s Guide, April 2010, p5
16...
... result of the economic activity of public libraries.
Public library economic activity also contributes to the generation of tax revenues. In
2006, the economic activity of public libraries ... measure of economic value of public libraries.
As stated in Chapter 2, public libraries are a source of economic activity in every region
in the state. The overall economic...