Prescription: Political Preference Functions Versus Social Welfare Functions
基于多国经验证据，指出糟糕的政府与制度是经济增长的严重障碍，并分析公共部门在掠夺性与生产性活动之间的混合行为，以及经济学界对公共部门角色的混淆。
Available evidence taken from the experience of many countries strongly suggests that bad governments and institutions have been serious, if not the most serious, obstacle to economic growth; and all public sectors pursue a mix of both predatory and productive activitiesâbad governments emphasizing the former, and good governments finding a way of promoting the latter. Depending on your perspective, unfortunately or fortunately, participants in the public-sector policy process generally pay little attention to the advice and counsel of the economics profession. This, in part, is explained by the confusion that emerges from our profession over the role of the public sector. Some would have us believe that the government, or the public sector, is nothing more than a "clearing house" while still others advance frameworks that treat the public sector as a benign pursuer of the public interest.