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of Economics and Statistics (November 1958, p. 332 - 338). This article
Represents slightly reconsidered variant of the job which have been let out in December
Actions of one on well-being of another ". He adds that" since
Case for the governmental intervention in market economy ". [Hahn
Frank, Reflections on the Invisible Hand//Lloyds Bank Review, April 1982, p.
78. This article is reprinted in the book: Hahn Frank, Equilibrium and
To thicket define as influence of decisions of one person on someone, who not
Participated in decision-making. So, if And buys something at In, its decision
To buy influences on In, but this influence is not considered as
To the transaction did not participate, because, for example, the result appears a smoke or
Smell which it prevent, this influence on With, D and it call
Represents dominating style of the economic analysis. Follows also
To notice that when modern economists speak about the governmental
Intervention, they usually mean taxation or that happens less often,
Direct regulation of activity of certain firms or individuals.
Serious lacks are peculiar to this approach. It not in forces to open factors,
Which define, whether the governmental intervention and what is desirable
Sorts, and it ignores other possible ways of actions. It, eventually,
Has led up a blind alley the economists, trying to formulate the governmental
facie a case for the governmental intervention, if this expression
Intervention (the taxation or regulation), instead of any another
Possible way of actions (including non-interference, refusal of the former policy
The governments or simplification of market transaction).
Let's assume that And by manufacture something strongly smokes (on what And has
The right), than gives trouble With with which at And there are no contract relations
And about which existence he, maybe, at all does not know. Here it is available
- . What does it should do? Take a case when With it is ready to pay for
Disposal of trouble is less, than additional costs And on
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