Abstract.
This paper addresses the following question: Does characterizing the state to be an agent of its citizens provide a useful “as if” framework for positive analysis of economic policy? Or, can we understand economic policy only by explicitly characterizing the state as proprietary, the instrument of the ruling elite?
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Received: March 2, 1999/Accepted: April 19, 1999
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Grossman, H. The state: Agent or proprietor?. Econ Gov 1, 3–11 (2000). https://doi.org/10.1007/s101010050002
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DOI: https://doi.org/10.1007/s101010050002