... and reduces the risk on private invest- ments. Section 3 contains these ideas on the role of good governance. Kautilya offers a unique perspective on the method of financing pub- lic goods. Although he was unaware of the concept of deadweight loss of income taxation, it appears that he believed...

... one finds the roots of the modem theory of rent seeking. Clearly he emphasized the net ‘destruction of value’ which results from the government-induced monopolization of an industry, including the ‘deadweight loss’ plus the costs of pursuing monopoly rights. He once again identified...

... with it) proved a remarkable—although tacit—driving force behind Debreu's contributions of the early 1950s. raphael.fevre@univ-cotedazur.fr thomas.mueller@univ-paris8.fr Copyright 2023 by Duke University Press 2023 Maurice Allais Gérard Debreu deadweight loss theoretical practice welfare...

.... Hausman , J. A. , 1981 . “Exact Consumer's Surplus and Deadweight Loss.” American Economic Review 71 : 662 -676. Abouchar , Alan , 1982 . “Marshall, Consumer Surplus and the Marginal Utility of Money.” Eastern Economic Journal 8 : 79 -82. McKenzie , G. W. , and I. F. Pearce...

..., thereby modeling the monarch as more akin to Hume’s “knave,” or the government as more “despot” than “benevo- lent,” and deadweight losses are utterly pervasive, or, in Hume’s frame- work, tyranny inevitably results. Worst-case thinking (minimax), however, necessitates that we take the possible...

.... In the domain of international trade, economists championing free trade draw diagrams of gains and losses in producer and consumer surplus, harkening back to Alfred Mar- shall, to demonstrate the deadweight loss produced by the imposition of a protectionist tariff, showing thereby the losses incurred...

... of Ricardo’s criti- cisms was that the Corn Laws fostered the economic interest of some well-defined social groups but entailed a deadweight loss for society as a whole. He therefore confirmed his opposition to the Corn Laws and, sig- nificantly, to the Navigation Act as well: Another...

... the good. For Dupuit, in the overwhelming majority of cases this happy result—the minimization of deadweight loss—was produced within an open, intertemporal process of competition unfettered by utility- 11. Measurement issues came to the fore after Marshall published...