Cover: Money for Nothing in HARDCOVER

Money for Nothing

Politicians, Rent Extraction, and Political Extortion

Add to Cart

Product Details


$80.50 • £64.95 • €72.50

ISBN 9780674583306

Publication Date: 05/30/1997


240 pages

6-1/8 x 9-1/4 inches

15 line illustrations, 3 tables


  • Introduction
  • The Model
    • 1. Background: The Economic Theory of Regulation
    • 2. Rent Extraction: The Theory of Political Extortion
  • Demonstrations
    • 3. Observing Extortion: The Practice of Rent Extraction
    • 4. Validating the Model: Empirical Tests of Rent Extraction
    • 5. Contracting for Rent Preservation: The Durability Problem
  • Extensions
    • 6. Extraction and Optimal Taxation: Excises, Earmarked Taxes, and Government User Charges
    • 7. Costs and Benefits of Interest-Group Organization
    • 8. Improving the Model: Worthy Yet Unanswered Questions
  • Notes
  • References
  • Index

Recent News

Black lives matter. Black voices matter. A statement from HUP »

From Our Blog

Jacket: An Inquiry into Modes of Existence: An Anthropology of the Moderns, by Bruno Latour, translated by Catherine Porter, from Harvard University Press

Honoring Latour

In awarding Bruno Latour the 2021 Kyoto Prize for Arts and Philosophy, the Inamori Foundation said he has “revolutionized the conventional view of science” and “his philosophy re-examines ‘modernity’ based on the dualism of nature and society.” Below is an excerpt from An Inquiry into Modes of Existence: An Anthropology of the Moderns. For more than twenty years, scientific and technological controversies have proliferated in number and scope, eventually reaching the climate itself. Since geologists are beginning to use the term “Anthropocene” to designate the era of Earth’s history that follows the Holocene