Economics Dictionary of ArgumentsHome
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| Generality: Generality refers to properties that are shared by multiple objects. There are no "general objects". See also Properties, Generalization, Generalizability._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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James M. Buchanan on Generality - Dictionary of Arguments
Boudreaux I 90 Generality/Buchanan/Boudreaux/Holcombe: When thinking about actually designing rules, any change from the status quo will probably benefit some people while imposing costs on others. How can rules be designed so that they will meet with the approval of everyone? Such an outcome is more likely the more general are the proposed rules. >Rules/Buchanan. By “general,” we mean that the rules apply to everyone rather than only to particular kinds of people. A rule that requires that all income earners pay income taxes is a more general rule than one that requires that income taxes be paid only by people of Swedish and Italian descent. Time: An important feature of a rule that contributes to its generality is its durability. The more durable a rule is - that is, the longer it is expected to remain in force - the less will people know how that rule will affect them in their particular circumstances as opposed to how it will affect them simply in their capacity as “citizen.” Boudreaux I 91 (…) today’s low-income people are more likely to support increased income tax progressivity if they believe the proposal is temporary than if they believe it to be long-lasting. After all, many of today’s low-income people have reasonable hopes of being among tomorrow’s high-income people. While we can’t predict whether the chances of any such proposal to be approved will rise or fall as it becomes more durable, we can say that the consideration that people will give to the rule will be less biased toward their own individual interests the greater is the rule’s durability. >Taxation/Buchanan, >Society/Buchanan, >Constitutional economics/Buchanan._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconBuchan I James M. Buchanan Politics as Public Choice Carmel, IN 2000 Boudreaux I Donald J. Boudreaux Randall G. Holcombe The Essential James Buchanan Vancouver: The Fraser Institute 2021 Boudreaux II Donald J. Boudreaux The Essential Hayek Vancouver: Fraser Institute 2014 |
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