IDEAS home Printed from https://ideas.repec.org/a/kap/revaec/v26y2013i1p93-104.html
   My bibliography  Save this article

What kind of state in our future? Fact and Conjecture in Vito Tanzi’s Government versus Markets

Author

Listed:
  • Richard Wagner

Abstract

This is a review essay on Vito Tanzi’s Government versus Markets: The Changing Economic Role of the State. The bulk of this book looks backward on the relative growth of government from late in the 19th century until recent times when that growth seems to have stopped in many places. Tanzi also looks forward in speculating on possible qualitative changes in the character of state activity through substitution of regulation for taxation. Much wisdom is presented in these pages, and yet the book contains some significant conceptual shortcomings and lacunae due to its apparent embrace of the possibility of measurement without theory. All the same, the book poses significant challenges for scholarship in political economy and public economics. Copyright Springer Science+Business Media New York 2013

Suggested Citation

  • Richard Wagner, 2013. "What kind of state in our future? Fact and Conjecture in Vito Tanzi’s Government versus Markets," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 93-104, March.
    • Handle: RePEc:kap:revaec:v:26:y:2013:i:1:p:93-104
    DOI: 10.1007/s11138-013-0202-3
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11138-013-0202-3
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11138-013-0202-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. N. G. Mankiw, 2009. "The Macroeconomist as Scientist and Engineer," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
    2. Ringa Raudla, 2010. "Governing budgetary commons: what can we learn from Elinor Ostrom?," European Journal of Law and Economics, Springer, vol. 30(3), pages 201-221, December.
    3. Knut Wicksell, 1958. "A New Principle of Just Taxation," International Economic Association Series, in: Richard A. Musgrave & Alan T. Peacock (ed.), Classics in the Theory of Public Finance, pages 72-118, Palgrave Macmillan.
    4. Jürgen G. Backhaus & Richard E. Wagner, 2005. "From Continental Public Finance to Public Choice: Mapping Continuity," History of Political Economy, Duke University Press, vol. 37(5), pages 314-332, Supplemen.
    5. White,Lawrence H., 2012. "The Clash of Economic Ideas," Cambridge Books, Cambridge University Press, number 9781107012424, September.
    6. Richard E. Wagner, 2012. "The Social Construction of Theoretical Landscapes: Some Economics of Economic Theories," American Journal of Economics and Sociology, Wiley Blackwell, vol. 71(5), pages 1185-1204, November.
    7. Cheung, Steven N S, 1975. "Roofs or Stars: The Stated Intents and Actual Effects of a Rents Ordinance," Economic Inquiry, Western Economic Association International, vol. 13(1), pages 1-21, March.
    8. Richard E. Wagner, 2007. "Fiscal Sociology and the Theory of Public Finance," Books, Edward Elgar Publishing, number 12713.
    9. Giuseppe Eusepi & Richard E. Wagner, 2013. "Tax Prices in a Democratic Polity: The Continuing Relevance of Antonio de Viti de Marco," History of Political Economy, Duke University Press, vol. 45(1), pages 99-121, Spring.
    10. Peter Boettke, 2010. "Is the only form of ‘reasonable regulation’ self regulation?: Lessons from Lin Ostrom on regulating the commons and cultivating citizens," Public Choice, Springer, vol. 143(3), pages 283-291, June.
    11. Wagner, Richard E., 2012. "A macro economy as an ecology of plans," Journal of Economic Behavior & Organization, Elsevier, vol. 82(2), pages 433-444.
    12. Monica Auteri & Richard Wagner, 2007. "The Organizational Architecture of Nonprofit Governance: Economic Calculation Within an Ecology of Enterprises," Public Organization Review, Springer, vol. 7(1), pages 57-68, March.
    13. Tanzi,Vito, 2011. "Government versus Markets," Cambridge Books, Cambridge University Press, number 9781107096530, September.
    14. Vincent Ostrom, 1996. "Faustian bargains," Constitutional Political Economy, Springer, vol. 7(4), pages 303-308, December.
    15. Richard Wagner, 2012. "Viennese kaleidics: Why it’s liberty more than policy that calms turbulence," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(4), pages 283-297, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.
    2. Giuseppe Eusepi & Richard Wagner, 2012. "Indebted state versus intermediary state: who owes what to whom?," Constitutional Political Economy, Springer, vol. 23(3), pages 199-212, September.
    3. Marta Podemska-Mikluch, 2014. "Public Policy: Object of Choice or Emergent Phenomena? Learning from the Implementation of the Medical Reimbursement Act in Poland," Advances in Austrian Economics, in: Entangled Political Economy, volume 18, pages 93-110, Emerald Group Publishing Limited.
    4. Richard E. Wagner, 2014. "Entangled Political Economy: A Keynote Address," Advances in Austrian Economics, in: Entangled Political Economy, volume 18, pages 15-36, Emerald Group Publishing Limited.
    5. Richard Wagner, 2011. "Municipal corporations, economic calculation, and political pricing: exploring a theoretical antinomy," Public Choice, Springer, vol. 149(1), pages 151-165, October.
    6. Abigail N. Devereaux & Richard E. Wagner, 2020. "Contrasting Visions for Macroeconomic Theory: DSGE and OEE," The American Economist, Sage Publications, vol. 65(1), pages 28-50, March.
    7. James Caton & Richard E. Wagner, 2015. "Volatility in Catallactical Systems: Austrian Cycle Theory Revisited," Advances in Austrian Economics, in: New Thinking in Austrian Political Economy, volume 19, pages 95-117, Emerald Group Publishing Limited.
    8. Fossati, Amedeo, 2022. "Of Public Choice and Antonio De Viti de Marco," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 75(4), pages 519-544.
    9. Richard Wagner, 2012. "Rationality, political economy, and fiscal responsibility: wrestling with tragedy on the fiscal commons," Constitutional Political Economy, Springer, vol. 23(3), pages 261-277, September.
    10. Jonathan W. Plante, 2022. "Richard E. Wagner, Macroeconomics as Systems Theory: Transcending the Micro-Macro Dichotomy. New York: Palgrave Macmillan, 2020. Xiii +313 pages. 119.99 USD (hardback)," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(4), pages 561-566, December.
    11. Alexander William Salter, 2016. "Political Property Rights and Governance Outcomes: A Theory of the Corporate Polity," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 31(Winter 20), pages 1-20.
    12. Veetil, Vipin P. & Wagner, Richard E., 2018. "Nominal GDP stabilization: Chasing a mirage," The Quarterly Review of Economics and Finance, Elsevier, vol. 67(C), pages 227-236.
    13. Vipin P. Veetil & Lawrence H. White, 2017. "Towards a New Austrian Macroeconomics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 19-38, March.
    14. Aligica, Paul Dragos, 2013. "Institutional Diversity and Political Economy: The Ostroms and Beyond," OUP Catalogue, Oxford University Press, number 9780199843909.
    15. Vipin P. Veetil & Richard E. Wagner, 2015. "Treating Macro Theory as Systems Theory: How Might it Matter?," Advances in Austrian Economics, in: New Thinking in Austrian Political Economy, volume 19, pages 119-143, Emerald Group Publishing Limited.
    16. Peter Lewin, 2015. "Richard W. Wagner: Mind, Society and Human Action: Time and Knowledge in a Theory of Social Economy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(3), pages 357-359, September.
    17. Richard Wagner, 2012. "Viennese kaleidics: Why it’s liberty more than policy that calms turbulence," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(4), pages 283-297, December.
    18. Luca Tedesco & Roberto Ricciuti, 2023. "“Monopolistic” vs. “Cooperative” State in the Institutional and Economic Modelling of Antonio De Viti De Marco," Working Papers 07/2023, University of Verona, Department of Economics.
    19. Thomas Marmefelt, 2024. "Central Bank Digital Currencies and International Crises: Toward an Authoritarian International Monetary Order?," Politics and Governance, Cogitatio Press, vol. 12.
    20. Alexander William Salter, 2017. "Playing at markets: A New Austrian perspective on macroeconomic policy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 39-49, March.

    More about this item

    Keywords

    Growth of government; Adolf Wagner; Wagner’s Law; Regulation as taxation; States as orders; Measurement without theory; JEL Codes H11; K20; L38; N40; P16;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy
    • N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:revaec:v:26:y:2013:i:1:p:93-104. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.