Monopoly Politics

Jim Miller details how political markets function in a way that makes it inherently difficult for them to perform as well as commerical markets. He exposes advantages incumbents erect to ward off challengers and reveals how most reform proposals increase these advantages. Drawing on his own experience in politics, he outlines ways to broaden opportunities for challengers and make the political marketplace more competitive and responsive to the voters.

About the author

James C. Miller III is a senior fellow at the Hoover Institution at Stanford University and chairman of the CapAnalysis Group, an economic consulting firm associated with the international law firm Howrey, Simon, Arnold and White.

Summary

Shows that victims of monopoly power in politics pay higher prices and get less in return. The author details how political markets resist being organised competitively and thus not performing as well as commercial markets, and explains how this lack of competition is caused by political incumbents rigging political markets to protect themselves.

Product details

• Authors: Annelisa Anderson, James C. Miller III, James C. Miller, James Clifford Miller, James C Miller III, James C. Miller III
• Publisher: Hoover Institution Press
• Languages: English
• Product format: Paperback / Softback
• Released: 01.07.1999
• EAN: 9780817996529
• ISBN: 978-0-8179-9652-9
• No. of pages: 158
• Dimensions: 152 mm x 226 mm x 12 mm
• Weight: 290 g
• Series: Hoover Inst Press Publication; Hoover Inst Press Publication
• Subject: Social sciences, law, business > Political science > Political science and political education