The Welfare Costs of Tariffs, Monopolies, and Theft.¶
TULLOCK, G. (1967). The Welfare Costs of Tariffs, Monopolies, and Theft. Western Economic Journal, 5(3), 224-232.
Cited by¶
4 citations across 4 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Rent Seeking
- Public-choice economics — the origin: regulatory capture, tariff lobbying, and licence-rationing analysed as resource-consuming contests over privilege, with resources dissipated in the contest itself.
This sourceOriginates the rent-seeking insight that resources are dissipated competing for monopoly and tariff privileges, beyond the deadweight triangle.
- Public-choice economics — the origin: regulatory capture, tariff lobbying, and licence-rationing analysed as resource-consuming contests over privilege, with resources dissipated in the contest itself.
Domain-specific¶
Mechanisms¶
- Rent-Seeking Audit
- Its strength is turning a vague sense that "the system is rigged" into a sized, ranked map that distinguishes channels with a real public rationale from pure tolls — and, crucially, it surfaces the contest cost, the effort dissipated fighting over the rent that a "who benefits" analysis never sees.
This sourceShows that contests to obtain or protect rents consume real resources, creating welfare losses beyond the transfer of income itself.
- Its strength is turning a vague sense that "the system is rigged" into a sized, ranked map that distinguishes channels with a real public rationale from pure tolls — and, crucially, it surfaces the contest cost, the effort dissipated fighting over the rent that a "who benefits" analysis never sees.
Verification¶
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Does it back the claim? Read against the text for 1 of 4 citations: 1 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.
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