Стиглер, Джордж цитаты

Джордж Джозеф Стиглер — американский экономист. Лауреат Нобелевской премии по экономике 1982 года «за новаторские исследования промышленных структур, функционирования рынков, причин и результатов государственного регулирования». Wikipedia  

✵ 17. Январь 1911 – 1. Декабрь 1991
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Стиглер, Джордж: Цитаты на английском языке

“The state --the machinery and power of the state-- is a potential resource or threat to every industry in the society. With its power to prohibit or compel, to take or give money, the state can and does selectively help or hurt a vast number of industries.”

Источник: "The theory of economic regulation," 1971, p. 3; Lead paragraph
Контексте: The state --the machinery and power of the state-- is a potential resource or threat to every industry in the society. With its power to prohibit or compel, to take or give money, the state can and does selectively help or hurt a vast number of industries. That political juggernaut, the petroleum industry, is an immense consumer of political benefits, and simultaneously the underwriters of marine insurance have their more modest repast. The central tasks of the theory of economic regulation are to explain who will receive the benefits or burdens of regulation, what form regulation will take, and the effects of regulation upon the allocation of resources.

“Regulation may be actively sought by an industry, or it may be thrust upon it.”

Источник: "The theory of economic regulation," 1971, p. 3
Контексте: Regulation may be actively sought by an industry, or it may be thrust upon it. A central thesis of this paper is that, as a rule, regulation is acquired by the industry and is designed and operated primarily for its benefit. There are regulations whose net effects upon the regulated industry are undeniably onerous; a simple example is the differentially heavy taxation of the industry's product (whiskey, playing cards). These onerous regulations, however, are exceptional and can be explained by the same theory that explains beneficial (we may call it "acquired") regulation.