Government failure in Canada, 2007 report

D. in political economy from the University of Oregon and has been a policy analyst in the Office of Policy Analysis at the U. S. Department of the Interior and a fellow of the National Science Foundation. [...] If that reflection takes place, people will, sidering government’s role in the context of insights from in the words of James Buchanan--one of the key contrib- the Fraser report will improve lot of those who should be utors to public choice and a winner of the Nobel Prize in the ultimate sovereigns in a democracy—the citizens. [...] This publication was written to inform Canadians about the theories and insights of Public Choice Theory Government Failure Documented (§1), to document government failure from the reports of in the Auditor General’s Reports the Auditor General (§2), to calculate a reasonable esti- mate of the costs of government failure (§3), and to sum- The reports issued by the Office of the Auditor General of [...] For the purposes of this study, government failure is de- The Public Choice school of thought uses the traditional fined as not achieving the stated goals of a program or tools and methods of economics to analyze the political initiative. [...] More than 250 jobs of the $415 million spent in the first year) simply replaced were to be created by the construction of the new plant local spending and did not add to overall investment in but this job creation was offset by the closure of the es- any given region.