Conclusion

By now the reader of this book must be fully aware that I have simply applied conventional economic theory to representative government. Indeed, in the organization of the book itself I have carefully separated the forces that operate on the demand side of the public sector from those operating on the supply side and have taken special care to formulate the demand and supply problems in terms which depart as little as possible from conventional economic theory. I have then, as is traditional in that theory, examined the equilibrium of demand and supply as well as the nature of the process that yields comparative statical predictions.