IDEAS home Printed from https://ideas.repec.org/a/taf/revpoe/v23y2011i4p573-585.html
   My bibliography  Save this article

States as Ecologies of Political Enterprises

Author

Listed:
  • Giuseppe Eusepi
  • Richard E. Wagner

Abstract

This paper seeks to overcome an antinomy within the theory of political economy: while market outcomes are treated as resulting from polycentric competition, political outcomes are treated as resulting from hierarchic planning. We seek to overcome this antinomy by treating political outcomes as likewise resulting from polycentric competition, taking due account of relevant institutional differences. For example, a parliamentary assembly is treated as an extra-ordinary form of investment bank that intermediates between the sponsors of enterprises and those within the citizenry who have means to support those enterprises. What results is a theory in which political programs emerge in largely bottom-up fashion through complex networks of transactions. Much of the inspiration for this paper arises from the Italian School of Public Finance, particularly Mazzola, Montemartini, Pantaleoni and de Viti de Marco.

Suggested Citation

  • Giuseppe Eusepi & Richard E. Wagner, 2011. "States as Ecologies of Political Enterprises," Review of Political Economy, Taylor & Francis Journals, vol. 23(4), pages 573-585, October.
    • Handle: RePEc:taf:revpoe:v:23:y:2011:i:4:p:573-585
    DOI: 10.1080/09538259.2011.611623
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09538259.2011.611623
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09538259.2011.611623?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. Michael McLure, 2007. "The Paretian School and Italian Fiscal Sociology," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59626-9, December.
    2. Richard E. Wagner, 2007. "Fiscal Sociology and the Theory of Public Finance," Books, Edward Elgar Publishing, number 12713, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Reiner Eichenberger & Patricia Schafer, 2023. "On Curing Political Diseases: The Healing Power of Majoritarian Elections in Multi-Member Districts," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 40(1), pages 79-93, December.
    2. 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.
    3. Claudio Balestri, 2014. "Political Organizations, Interest Groups and Citizens Engagement: An Integrated Model of Democracy," Public Organization Review, Springer, vol. 14(4), pages 533-543, December.
    4. ., 2019. "Economic theory of non-territorial unbundling," Chapters, in: The Political Economy of Non-Territorial Exit, chapter 1, pages 14-38, Edward Elgar Publishing.
    5. Meg Patrick & Richard Wagner, 2015. "From mixed economy to entangled political economy: a Paretian social-theoretic orientation," Public Choice, Springer, vol. 164(1), pages 103-116, July.
    6. Lotta Moberg & Vlad Tarko, 2021. "Special economic zones and liberalization avalanches," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 10(1), pages 120-139, February.
    7. 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.
    8. Trent J. MacDonald, 2019. "The Political Economy of Non-Territorial Exit," Books, Edward Elgar Publishing, number 18871, March.

    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. Schöbel Enrico, 2018. "Finanzsoziologie und Steuerpsychologie: Wiederentdeckungen einer sozio-ökonomischen Finanzwissenschaft: Anmerkungen zu den Büchern von Rudolf Goldscheid, Max Haller (Hg.), Stephan Mühlbacher und Maxim," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 69(1), pages 442-452, July.
    2. 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.
    3. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477, March.
    4. Giuseppe Dallera, 2013. "La "scuola" italiana di scienza delle finanze," Moneta e Credito, Economia civile, vol. 66(261), pages 43-91.
    5. Meg Patrick & Richard Wagner, 2015. "From mixed economy to entangled political economy: a Paretian social-theoretic orientation," Public Choice, Springer, vol. 164(1), pages 103-116, July.
    6. Michael McLure, 2008. "Pareto’s 1920-21 Manuscript on Money and the Real Economy," Economics Discussion / Working Papers 08-18, The University of Western Australia, Department of Economics.
    7. Paolo Silvestri, 2016. "Disputed (Disciplinary) Boundaries: Philosophy, Economics and Value Judgments," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 24(3), pages 187-221.
    8. Jeremy Horpedahl, 2012. "Adrian Vermeule: The system of the constitution," Public Choice, Springer, vol. 153(3), pages 507-509, December.
    9. David J. Hebert, 2017. "Pascal Salin, competition, coordination and diversity: From the firm to economic integration," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 143-146, March.
    10. Farole, Thomas & Moberg, Lotta, 2014. "It worked in China, so why not in Africa? The political economy challenge of Special Economic Zones," WIDER Working Paper Series 152, World Institute for Development Economic Research (UNU-WIDER).
    11. Michael McLure, 2007. "Pareto's Chronicles: Liberty and the Left," Economics Discussion / Working Papers 07-11, The University of Western Australia, Department of Economics.
    12. Peter Boettke & Christopher Coyne & Peter Leeson, 2011. "Quasimarket failure," Public Choice, Springer, vol. 149(1), pages 209-224, October.
    13. 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.
    14. Petrik Runst, 2016. "Giacomo Corneo, Bessere Welt. Berlin, Germany: Goldegg Verlag, 2014. 368 Pages. 24,90 € (hardcover)," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(1), pages 99-102, March.
    15. Adam Martin, 2018. "The limits of liberalism: Good boundaries must be discovered," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 31(2), pages 265-276, June.
    16. Mario Pomini, 2024. "Pareto’s legacy in the Italian tradition: the case of mathematical economics," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 71(3), pages 477-489, September.
    17. Pickhardt, Michael & Prinz, Aloys, 2014. "Behavioral dynamics of tax evasion – A survey," Journal of Economic Psychology, Elsevier, vol. 40(C), pages 1-19.
    18. Alexander Fink, 2011. "Under what conditions may social contracts arise? Evidence from the Hanseatic League," Constitutional Political Economy, Springer, vol. 22(2), pages 173-190, June.
    19. Patrick A. McLaughlin & Adam C. Smith & Russell S. Sobel, 2019. "Bootleggers, Baptists, and the risks of rent seeking," Constitutional Political Economy, Springer, vol. 30(2), pages 211-234, June.
    20. Michael McLure, 2017. "Ricardian Equivalence, the Italian Fiscal Tradition and Western Australia’s Government Net Debt," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 24(1), pages 5-20.

    More about this item

    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:taf:revpoe:v:23:y:2011:i:4:p:573-585. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRPE20 .

    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.