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  • Principled Agents?by Timothy Besley

    Oxford University Press, UK 2006; US$ 28.99

    Mainstream policy economics now pays more attention to the delivery of policy outcomes and how incentives and institutional change shape the effectiveness of government. But should these issues be studied against a background of purely self-interested public servants? There is plenty of evidence that many citizens are publicly spirited. Can their motivation... more...

  • Pillars of Prosperityby Timothy Besley; Torsten Persson

    Princeton University Press 2011; US$ 29.95

    "Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic... more...

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