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Karl marx
Labor theory of value
subsistence
alienation
exploitation
surplus value
market failure
inequity
monopoly
BUSINESS CYCLES
externalities
public good
free
rider
asymetric information
socially optimal equilibrium |
John kenneth galbraith
liberal
protective function
distributive function
corrective function
productive function
PROGRESSIVE TAX
REGRESSIVE TAX
PROPORTIONAL TAX
FLAT TAX |
MILTON FRIEDMAN
PUBLIC CHOICE theory
CONSERVATIVE
RATIONAL IGNORANCE
SHORTSIGHTEDNESS
DEADWEIGHT LOSS
SPECIAL INTEREST EFFECT
LOBBYING
RENT-SEEKING
LOG ROLLING
PORK BARREL
CROWDING OUT
BUREAUCRATIC CAPTURE |
