The Government's Economic Role.
Number of pages:
10
ABSTRACT:
(10 pp) How can Government's proper role in the
economy be defined? Is there any reference point
other than historical contingency or the wishes of
politicians? In addition to providing enabling
conditions for the economy, such as a proper legal
system to support property rights, a monetary
system, and security, government can also be a
regulator of business, a director of business in
the sense of setting policies or subsidies that
will favor certain sectors over others, and
through Government-owned enterprises even a
participant in business. Is there a way to tell
when to draw the line for government?
Bibliography lists 5 sources.
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File: D0_BBgveconR.doc
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