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Social and Behavioral Sciences Commons

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Full-Text Articles in Social and Behavioral Sciences

Fiat Money And The Natural Scale Of Government, Martin Shubik, Eric Smith Apr 2005

Fiat Money And The Natural Scale Of Government, Martin Shubik, Eric Smith

Cowles Foundation Discussion Papers

The competitive market structure of a decentralized economy is converted into a self-policing system treating the bureaucracy and enforcement of the legal system endogenously. In particular we consider money systems as constructs to make agents’ economic strategies predictable from knowledge of their preferences and endowments, and thus to support coordinated resource production and distribution from independent decision making. Diverse rule systems can accomplish this, and we construct minimal strategic market games representing government-issued fiat money and ideal commodity money as two cases. We endogenize the provision of money and rules for its use as productive activities within the society, and …


Managerial Reforms Within The United States Government, Jacqueline Michelle Townsend Jan 2005

Managerial Reforms Within The United States Government, Jacqueline Michelle Townsend

Theses Digitization Project

This research project examines Presidential and Congressional attempts to increase the efficiency and effectiveness of the United States government. It describes prior reform efforts and then focuses on President George W. Bush's management agenda.