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The Concept Map you are trying to access has information related to:
Public Sector ???? Hazlitt Ignoring Longterm Consequences (more) [exaggerating short termgain - ignoring longterm loss], Public Sector ???? Viscusi [Showed gov't cost per life saved in $M] (more), Collectivists Proponents Nerdc (?sp) "Vicious Circle of Poverty" [poor countries trapped by being poor] (more), Collectivists Proponents Pigou (more) [gov't a disinterested agency], Collectivists Proponents Gunnar Myrdal [rich exploit poor] (more), Public Sector ???? Public & Political Sector [Built in bias] (more) [Politicial mgrs. rewarded by special interest groups, not maximizing net resource values], "Milton Friedman�Economist as Public Intellectual" (more) Article Summary Predictive power is everything (more), 2. No Free Lunch [scarcity constrains] (more) Curves Production Possibilities Curve, 2. No Free Lunch [scarcity constrains] (more) Curves Phillips Curves [tradeoff inflation/unemployment] (more), Public Sector ???? "James M Buchanan - Creation of Public Choice Theory" [strong rules constraining rentseekers] (more), Alternative or Opportunity Costs [choices between/among alternatives] (more) Most overlooked cost Lost Alternaives, 2. No Free Lunch [scarcity constrains] (more) by Formaini "Milton Friedman�Economist as Public Intellectual" (more), 2. No Free Lunch [scarcity constrains] (more) by Formaini "Hayek Social Theoris of the Century" [on why socialism had to fail] (more), 2. No Free Lunch [scarcity constrains] (more) by Formaini "Mises" [centralized planning doesn't work] (more), Hazlitt Ignoring Longterm Consequences (more) [exaggerating short termgain - ignoring longterm loss] ???? 10. Ignoring Secondary Effects and Long-term Consequences (more), 2. No Free Lunch [scarcity constrains] (more) Factors Surrounding Costs Gov't Only Shifts Costs [by making products free] (more), 2. No Free Lunch [scarcity constrains] (more) Factors Surrounding Costs Rent Seeking Behavior (more), 2. No Free Lunch [scarcity constrains] (more) Factors Surrounding Costs Technology Lowers Costs (more), 2. No Free Lunch [scarcity constrains] (more) Factors Surrounding Costs Costs Balance Desires [Supply goods valued most relative tocosts] (more), "James M Buchanan - Creation of Public Choice Theory" [strong rules constraining rentseekers] (more) Proved wrong Arthur Pigou - Collectivists [self-interest doesn't apply to Gov't ees.] (more), "James M Buchanan - Creation of Public Choice Theory" [strong rules constraining rentseekers] (more) ???? Public Choice Theory [self-interest applies to Gov't ees.] (more), Public Sector ???? Friedman Public Sector (more) [Public sector Invisitble Hand - promoting special interests], Friedman Public Sector (more) [Public sector Invisitble Hand - promoting special interests] "Methodology of Positive Economics" Milton Friedman Summary (more) Positive vs Normative Economics [what is vs. what ought to be], "James M Buchanan - Creation of Public Choice Theory" [strong rules constraining rentseekers] (more) ???? Buchanan Public Sector [Gov't governed by self-interest] (more), Public Sector ???? Santoriello & Block, Public Sector (more) [gov't failures w/free market promote environmental damage], Rent-seeking Behavior [obtaining benefits through gov't not free market] (more) ???? Lindbeck [rent controls like bombing a city] (more), "Mises" [centralized planning doesn't work] (more) Article Summary the Consumer is King (more), Shughart et al. Public Sector (more) [gov't restrictions selectively hurt large numbers of individuals] See for more Shughart et al. on Public & Political Sector (more) [rentseeking investments do not increase productivity], Public & Political Sector [Built in bias] (more) [Politicial mgrs. rewarded by special interest groups, not maximizing net resource values] Issues with Rent-seeking Behavior [obtaining benefits through gov't not free market] (more), Public & Political Sector [Built in bias] (more) [Politicial mgrs. rewarded by special interest groups, not maximizing net resource values] Issues with Wealh Transfer [certain groups helped at others expense] (more), Friedman Public Sector (more) [Public sector Invisitble Hand - promoting special interests] ???? 2. No Free Lunch [scarcity constrains] (more), Collectivists Opponent Bauer Vicious Circle of Poverty [total nonsense - Europe once poor] (more), Public Sector ???? Shughart et al. Public Sector (more) [gov't restrictions selectively hurt large numbers of individuals], Public Sector ???? Stossel Public Sector [Gov't built in bias for increased spending] (more), Public Sector ???? Anderson & Leal Public Sector [Public sector mgrs motivated by self-interest] (more), 2. No Free Lunch [scarcity constrains] (more) Recognizes Alternative or Opportunity Costs [choices between/among alternatives] (more), 2. No Free Lunch [scarcity constrains] (more) Recognizes Law of Scarcity [unlimted wants limited resources] (more), 10. Ignoring Secondary Effects and Long-term Consequences (more) Long-term Consequences of Gov't Spending [job reshufflement] (more), 10. Ignoring Secondary Effects and Long-term Consequences (more) Long-term Consequences of Tarriffs & Quotas [job reshufflement] (more), 10. Ignoring Secondary Effects and Long-term Consequences (more) Long-term Consequences of Rent Controls [creates shortages, lowers quality] (more), Public Sector ???? Acs & Gerlowski Rent-seeking (more) [rentseeking activities transfers rents to unproductive activites], Public Sector ???? Stigler Public Sector [Rentseeking partipants shape law to benefit themselves] (more)