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Model of a Predatory State by nicasioaquino is a document available to read on EtoBox.

What is Model of a Predatory State about?

This document summarizes a model of a predatory state. The model shows that a predatory state, whose rulers extort taxes for personal gain rather than public welfare, can result in lower economic output and public welfare than either organized banditry or anarchy. While a predatory state may provide some public goods like protection, the taxes imposed to fund these goods can actually reduce public welfare. The model also examines interactions between bandits and the state, and how expectations of future tax

Author
nicasioaquino
Language
EN

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