轨制的费用第三节——张五常日记（国外英文资料）.docVIP

制度的费用第三节——张五常日志（国外英文资料） Section 3: the rental value dissipation is the institutional cost academic 2010-12-28 09:00:13 reading 2343 comments 0 words: large and small subscriptions Rent dissipation (dissipation of rent) is an important topic in economics, its a pity that not many people. Some of todays friends say that there was a rumor in the last century that there was a Washington school of economics in Seattle. This should be the interest of me, bazel, nos and several other colleagues and classmates. Dealing with transaction costs is one of the main studies of this school, and the more unique thing is the value of the rent dissipation. In 1982, I left hua big to follow the reform and development of China, and the experience of the rent dissipation was more than that. It is a complex science, and I will explain myself in this field of thought, and let my classmates follow me. NAT and pigou disagree The topic begins with an important but difficult passage in the second year of f. h. Knight. This article criticizes the social cost analysis of a. c. Pigou in 1920. Knights work was the predecessor of coases law in 1960. To analyze social costs, pigou puts forward the example of highway use. The two roads, one good and bad, went from the city to the city of b. Good roads are flat but narrow, broken but wide. The driver of the car is fighting for a good way, squeezing each other and causing the jam. There is no such thing as a bad road. A good road and a bad road are the same. Pigous view is that a good road congestion, vehicle damage each other, social cost and personal cost with separation, if the government forced off road use, the part of the vehicle to get bad way over there, then switch to 壊 because there is no jam in the road, and there is no loss; There is no harm in paying taxes because there are so few cars. The government makes a tax and does something that contributes to society. Knight thinks pigous logic is not wrong, but points out that the road is block