IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-50537-7_5.html
   My bibliography  Save this book chapter

Principles for Policy

In: Economic Instruments of Security Policy

Author

Listed:
  • Gary M. Shiffman

Abstract

As a recap, we’ve argued that man’s nature is universal and constant, and we used Adam Smith to reinforce our arguments. We’ve argued that scarcity forces people to make choices. These two elements lead to a science of decision-making. We’ve highlighted the importance of institutions, as well as the limits of the assumption of rationality. Next we will apply all we’ve covered to world leaders—good guys and bad guys. We will discuss how to craft policies and how not to craft them, or at least understand why policies are enacted which do not make the world richer or safer. But first, let’s try to distill this theory into some tools of economic thinking in brief. If we avoid violating these principles later in the book, then the policy may be sound. If it fails even one, the policy will surely fail.1

Suggested Citation

  • Gary M. Shiffman, 2006. "Principles for Policy," Palgrave Macmillan Books, in: Economic Instruments of Security Policy, chapter 4, pages 65-71, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50537-7_5
    DOI: 10.1057/9780230505377_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:palchp:978-0-230-50537-7_5. 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.

    We have no bibliographic references for this item. You can help adding them by using 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.palgrave.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.