Presents a synthesis of the literature pertaining to consumer policy from a microeconomic perspective. Discusses the character of the marketplace constituents, the potential for failure of a market economy, and justification of government intervention. (Author)

Describes an econometric modeling of the labor market for teachers in an "administered" market setting in which the government partially controls the main determinants of demand and is very influential in setting teachers' wages. Reviews relevant econometric literature and shows market forces' crucial role. Discusses economic policy…

Whereas private institutions are chiefly accountable to the narrow, limited constituencies supporting them, public institutions are typically accountable to more general constituencies that are diverse, broad, and conflicted. This essay reviews two recent books by British authors that discuss the two "ideal" accountability models and…

The effectiveness of state enterprise zone programs was examined by using a hypothetical-firm model called the Tax and Incentives Model-Enterprise Zones (TAIM-ez) model to analyze the value of enterprise zone incentives to businesses across the United States and especially in the 13 states that had substantial enterprise zone programs by 1990. The…

The evolution of cadre (political elite and bureaucratic functionaries) education in China from 1949 to the present was evaluated in terms of leadership development and the underlying interests of the Chinese Communist Party as it integrates more fully into the world economy. Historic achievements include: (1) increased knowledge about market…