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On the emergence of a classic work: a short history of the impact of Gordon Tullock’s Welfare Costs of Tariffs, Monopolies, and Theft

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  • Roger D. Congleton

    (West Virginia University)

Abstract

Gordon Tullock’s “Welfare Costs of Tariffs, Monopolies, and Theft” is by now widely regarded to be a classic work in public choice. However, like many “classic papers,” it was not always so highly regarded. It was rejected at several journals before finding its way to print and arguably took two or three decades to be fully appreciated. This paper discusses developments in the public choice and rent seeking literatures that helped bring Tullock’s paper to its status as a classic work in political economy.

Suggested Citation

  • Roger D. Congleton, 2019. "On the emergence of a classic work: a short history of the impact of Gordon Tullock’s Welfare Costs of Tariffs, Monopolies, and Theft," Public Choice, Springer, vol. 181(1), pages 5-12, October.
    • Handle: RePEc:kap:pubcho:v:181:y:2019:i:1:d:10.1007_s11127-018-0542-4
    DOI: 10.1007/s11127-018-0542-4
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    References listed on IDEAS

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    1. Elie Appelbaum & Eliakim Katz, 2008. "Seeking Rents by Setting Rents: The Political Economy of Rent Seeking," Springer Books, in: Roger D. Congleton & Arye L. Hillman & Kai A. Konrad (ed.), 40 Years of Research on Rent Seeking 1, pages 555-569, Springer.
    2. Kevin M. Murphy & Andrei Shleifer & Robert W. Vishny, 2008. "Why Is Rent-Seeking So Costly to Growth?," Springer Books, in: Roger D. Congleton & Kai A. Konrad & Arye L. Hillman (ed.), 40 Years of Research on Rent Seeking 2, pages 213-218, Springer.
    3. Barzel, Yoram, 1974. "A Theory of Rationing by Waiting," Journal of Law and Economics, University of Chicago Press, vol. 17(1), pages 73-95, April.
    4. Cowling, Keith & Mueller, Dennis C, 1978. "The Social Costs of Monopoly Power," Economic Journal, Royal Economic Society, vol. 88(352), pages 727-748, December.
    5. Roger D. Congleton, 1984. "Commitees and rent-seeking effort," Springer Books, in: Roger D. Congleton & Arye L. Hillman & Kai A. Konrad (ed.), 40 Years of Research on Rent Seeking 1, pages 279-291, Springer.
    6. repec:elg:eechap:15325_27 is not listed on IDEAS
    7. Richard A. Posner, 1975. "The Social Costs of Monopoly and Regulation," Springer Books, in: Roger D. Congleton & Kai A. Konrad & Arye L. Hillman (ed.), 40 Years of Research on Rent Seeking 2, pages 45-65, Springer.
    8. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
    9. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    10. Brady, Gordon L & Tollison, Robert D, 1991. "Gordon Tullock: Creative Maverick of Public Choice," Public Choice, Springer, vol. 71(3), pages 141-148, September.
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    13. Millner, Edward L & Pratt, Michael D, 1991. "Risk Aversion and Rent-Seeking: An Extension and Some Experimental Evidence," Public Choice, Springer, vol. 69(1), pages 81-92, February.
    14. Robert D. Tollison, 1982. "Rent Seeking: A Survey," Kyklos, Wiley Blackwell, vol. 35(4), pages 575-602, November.
    15. Roger D. Congleton & Arye L. Hillman (ed.), 2015. "Companion to the Political Economy of Rent Seeking," Books, Edward Elgar Publishing, number 15325.
    16. Daly, George & Giertz, J Fred, 1975. "Externalities, Extortion, and Efficiency," American Economic Review, American Economic Association, vol. 65(5), pages 997-1001, December.
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    19. Edward Millner & Michael Pratt, 1989. "An experimental investigation of efficient rent-seeking," Public Choice, Springer, vol. 62(2), pages 139-151, August.
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    Cited by:

    1. Randall G. Holcombe, 2023. "The transformative impact of rent-seeking theory on the study of public choice," Public Choice, Springer, vol. 196(1), pages 157-167, July.
    2. Chao Hu & Jianping Tao & Donghao Zhang & Damian Adams, 2021. "Price Signal of Tilled Land in Rural China: An Empirically Oriented Transaction Costs Study Based on Contract Theory," Land, MDPI, vol. 10(8), pages 1-20, August.
    3. Henrik Egbert & Teodor Sedlarski, 2020. "The foundations of contemporary economics: Gordon Tullock and public choice," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 107-118.

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