4 of 4 people found the following review helpful:
5.0 out of 5 stars
Keen and Original Analysis, July 16, 1999
This review is from: Money for Nothing: Politicians, Rent Extraction, and Political Extortion (Hardcover)
Fred McChesney here develops his original idea of rent extraction -- and it's an idea that renders understandable much of what the government does. (Want to know why the NRA and politicians perform a perpetual, public dance with each other? Read this book. McChesney's explanation will surprise you.) This book is a marvelous example of the best in public-choice scholarship: clearly written and cogent.
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3 of 3 people found the following review helpful:
5.0 out of 5 stars
A must read for those interested in the way politicians work, March 14, 1998
By A Customer
This review is from: Money for Nothing: Politicians, Rent Extraction, and Political Extortion (Hardcover)
What motivates politicians? How do they act? If you are interested in those questions your should read this. The author starts from earlier work in the area by Stigler and Posner - but then extends their models in a number of areas. McChesney has a remarkable ability to take a complex area of economics (public choice) and write in an interesting and understandable fashion. This book is probably going to be read mostly by academics but deserves a wider audience.
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