A Private Auction of Opportunities

5 Pages Posted: 26 Apr 2006

Abstract

Several recent cases have endorsed and broadened the legality of state efforts to protect in-state industries from interstate competition. These rulings endanger the continued viability of the rule of law. The expansion of these laws threatens to transform representative government from a forum in which competing views of the public good are deliberated and resolved, into a private auction of opportunities and monopolies to those interest groups capable of bidding.

Keywords: State industries, interstate competition, rule of law, monopolies, protectionism, wealth of nations, rent-seeking, free market

JEL Classification: K2, K20, K22, K23, K29, K34, K39

Suggested Citation

Sandefur, Timothy, A Private Auction of Opportunities. Regulation, Vol. 29, No. 1, pp. 52-56, Spring 2006, Available at SSRN: https://ssrn.com/abstract=898209

Timothy Sandefur (Contact Author)

Goldwater Institute ( email )

500 E. Coronado Rd.
Phoenix, AZ 85004
United States
(602) 462-5000 (Phone)
(602) 256-7045 (Fax)

HOME PAGE: http://www.goldwaterinstitute.org

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
46
Abstract Views
788
PlumX Metrics