At 09:12 AM 4/26/2002 -0400, you wrote: But as an economist, I should >try to figure out how to make sports markets more efficient, rather than >trying to sabotage them so more people will do things I prefer.
Isn't government different from sports (although sports leagues are cartels, so...)? As governments grow, the "market" for wealth transfers and hence, rent seeking grow. You can make government internally more operationally efficient, but if that leads to government growth and therefore growth in inefficient rent seeking, then allocative efficiency suffers. As economists, aren't we interested in allocative efficiency gains? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Kevin D. Sachs, Ph.D. Assistant Professor phone: 513.556.7198 University of Cincinnati fax: 513.556.4891 Department of Accounting/IS email: [EMAIL PROTECTED] 302 Lindner Hall, P.O.Box 210211 Cincinnati, OH 45221-0211 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
