Journal of Economic Literature: Vol. 52 No. 2 - Book Review

JEL Volume. 52, Issue 2 | leftPrevious Review Next Review right

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Book(s) Reviewed

Government Failure: Society, Markets and Rules by Wilfred Dolfsma

Published By: Cheltenham, U.K. and Northampton, Mass.: Elgar
ISBN: 978-1-78254-606-1
Date of Publication: 2013


Book Review Detail

Reviewed by: Ingo Vogelsang of Boston University
Review DOI: 10.1257/jel.52.2.535.r5
Review Pages: 543-45

Book Review Abstract

Ingo Vogelsang of Boston University reviews "Government Failure: Society, Markets and Rules", by Wilfred Dolfsma. The Econlit abstract of this book begins: "Considers when and how a government can fail at its core responsibility of formulating rules. Discusses how market and society relate; government policy—private incentives, public virtues?; government failure; policy conflicts—the case of health care; government failure, intellectual property rights, and economic development; a confused market—divergent routes to implementing market-oriented reform in health care; vulnerability of institutions and rules; establishing government failure or success—a dynamic welfare perspective; and market, business, and government. Includes a paper on the G-Factor—weighing the visible hand of government intervention (Killian J. McCarthy and Tao Zhu). Dolfsma is at the University of Groningen, and is Corresponding Editor of the Review of Social Economy."


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Book Review Authors

Ingo Vogelsang of Boston University


JEL Classifications

D02: Institutions: Design, Formation, and Operations
D72: Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
E60: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
H11: Structure, Scope, and Performance of Government
I10: Health: General
O34: Intellectual Property Rights


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