> In a paper in the American Economic Review, authors Veda Narasimhan and Jeffrey Weaver provide rigorous causal evidence on this question by studying over 100,000 villages in India’s most populous state. They find that villages in smaller government units provide significantly better public services, including education, sanitation, and welfare programs.
!ping ECON
This embodies Hayek’s idea of tacit, local knowledge highly well. The groups closest to the issues posses the most relevant knowledge to make effective decisions. In this case it means that Local authorities understand the preferences and desires of the local electorate more than a distant federal or even state government.
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> In a paper in the American Economic Review, authors Veda Narasimhan and Jeffrey Weaver provide rigorous causal evidence on this question by studying over 100,000 villages in India’s most populous state. They find that villages in smaller government units provide significantly better public services, including education, sanitation, and welfare programs.
!ping ECON
This embodies Hayek’s idea of tacit, local knowledge highly well. The groups closest to the issues posses the most relevant knowledge to make effective decisions. In this case it means that Local authorities understand the preferences and desires of the local electorate more than a distant federal or even state government.