Professor James Buchanan, 1986 Nobel Laureate in Economics, says that equalization programmes can be captured and destroyed by politics and bad design. Known as one of the “fathers of equalization” because his early writings were highly influential in the design of equalization programmes such as Canada’s, Buchanan revisited his arguments of 50 years ago in Montreal today.
Year: 2001
Fiscal Equalization Revisited
A luncheon talk at “Equalization: Helping Hand or Welfare Trap?”, a conference co-sponsored by the Atlantic Institute for Market Studies, the Montreal Economic Institute and the Frontier Centre for Public Policy, Montreal, 25 October 2001
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