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Public Choice
Published in: Public Choice 3-4/2017

23-11-2016 | Book Review

Per L. Bylund: The seen, the unseen, and the unrealized: how regulations affect our everyday lives

Lexington Books, Lanham, MD, 2016, ix + 181 pp, 80.00 (hardback)

Published in: Public Choice | Issue 3-4/2017

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Excerpt

Bastiat (1848, p. 1) wrote: “There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen” (emphasis original). Public choice scholars are well versed in highlighting the unseen effects of regulation. However, Per Bylund, in his important book, The seen, the unseen, and the unrealized, suggests that regulation affects individuals far more perniciously than what is typically recognized. …
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Literature
Bastiat, F. (1848/1995). Selected essays on political economy. Irvington-on-Hudson: The Foundation for Economic Education.
Buchanan, J. M. (1964). What should economists do? Southern Economic Journal, 30(3), 213–222.CrossRef
Metadata
Title
Per L. Bylund: The seen, the unseen, and the unrealized: how regulations affect our everyday lives
Lexington Books, Lanham, MD, 2016, ix + 181 pp, 80.00 (hardback)
Publication date
23-11-2016
Published in
Public Choice / Issue 3-4/2017
Print ISSN: 0048-5829
Electronic ISSN: 1573-7101
DOI
https://doi.org/10.1007/s11127-016-0394-8

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