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Law and the Limits of Government

Author

Listed:
  • Frank Fagan

Abstract

Why do legislatures pass laws that automatically expire? Why are so many tax cuts sunset? In this first book-length treatment of those questions, the author explains that legislatures pass laws temporarily in order to reduce opposition from the citizenry, to increase the level of information revealed by lobbies, and to externalize the political costs of changing the tax code on to future legislatures. This book provides a careful analysis which does not normatively prescribe either permanent or temporary legislation in every instance, but rather specifies the conditions for which either permanent or temporary legislation would maximize social welfare.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Frank Fagan, 2013. "Law and the Limits of Government," Books, Edward Elgar Publishing, number 14644.
    • Handle: RePEc:elg:eebook:14644
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    File URL: https://www.elgaronline.com/view/9780857938657.xml
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    More about this item

    Keywords

    Economics and Finance; Law - Academic;

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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