Chicago Studies in Political Economy
Chicago Studies in Political Economy

Author: George J. Stigler

Publisher: University of Chicago Press

Published: 1988-10-15

Total Pages: 666

ISBN-13: 9780226774381

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"There is no question that a well-defined 'Chicago School' of political economy has emerged, built largely around the work of George J. Stigler and his colleagues. Chicago Studies in Political Economy brings together the key works in this field, works that have been extremely influential among economists who study political processes. It is a collection of enormous value."—Roger G. Noll

The Uncertain Hand
The Uncertain Hand

Author: Christopher D. Hall

Publisher: Chinese University Press

Published: 1996

Total Pages: 304

ISBN-13: 9789622017191

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This book traces the sometimes bizarre and comical history of taxi regulations in Hong Kong. It compares the history of regulation changes to developments in the taxi business, including the rise and fall of the illegal taxi trade, the patterns of taxi accidents, malpractice complaints, and taxi license prices. The strange history of the market for taxi licenses shows that these regulations have been inconsistent, erratic and incomprehensible to people risking their money in the public auctions for licenses. In essence, this is an analysis of how people in the taxi business have studied the process of governmental regulation. The dispersion and volatility of taxi license auction prices, reveal the results of these studies and say more about their conclusions than any library of academic works will ever do.