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Pareto's Republic and the New Science of Peace

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by Filip Palda


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  Table of Contents

  Publishing information

  About the author

  Dedication

  Acknowledgments

  USER GUIDE

  The book’s main idea

  Extended summary

  Principal components of this book’s main idea

  Qualifications needed to understand this book

  PEACE

  Transforming aggression into production

  Social accounting

  Two types of social accounting

  What does efficiency mean?

  The dividend of the peace of Pareto

  When property rights fail

  PROPERTY

  Enter Pareto

  The three pillars of Pareto efficiency

  Pareto efficiency as a dynamic concept

  Property rights and Pareto efficiency

  The importance of transferability

  Government planning and Pareto efficiency

  The challenge of incorrect information

  The high cost of property rights

  Enter government

  SPENDING

  The two reasons property rights fail

  Public goods

  Prisoner’s dilemma

  Samuelson’s rule

  The informational challenge to Samuelson’s rule

  The median voter model in relation to Samuelson

  The tragedy of the commons

  The benefits of inefficient government

  The fiscal commons

  So what about fairness?

  Pulling the ideas together

  TAXES

  Colbert and the rise of efficient taxation

  Deadweig
ht loss and efficient taxation

  The non-linearity of deadweight loss

  The theoretical rule for efficient taxation

  The competitive advantage of countries that tax efficiently

  Refinements to the idea of efficient taxes

  The political side of efficient taxation

  Regulations as hidden taxes

  The Buchanan-Brennan conjecture

  POLITICS

  What is a political market?

  Political competition

  Natural barriers to entry in politics

  Artificial barriers to entry

  Solution #1 for what ails political competition: mobility

  Solution #2 for what ails political competition: democracy

  The two good things about democracy

  The end of politics

  FUTURE

  Insuperable antagonisms

  The challenge of Malthus

  Getting there

  READINGS

 

 

 


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