They Meant Well, Government Project Disasters
A robust critique of the so-called 'economics of happiness'
This IEA classic concisely lays out the economic issues that would be raised if Britain were to leave the EU.
An analysis of six major schemes, including Concorde and the Millennium Dome
The projects examined in this book cover a period of 80 years. Their analysis leads to important lessons for a wider range of economic activity in which governments become involved, including major government IT projects and the hosting of the Olympic Games in 2012. The case study approach ensures that the book is very readable; it also provides an excellent basis for discussion on university courses, including MBAs, that cover public policy and management issues.
The six projects examined are:
The R. 101 Airship (Chapter 2)
The Tanganyika Groundnut Scheme (Chapter 3)
Nuclear Power (Chapter 4)
Concorde (Chapter 5)
The Channel Tunnel (Chapter 6)
The Millennium Dome (Chapter 7)
The mp3 file has a short presentation by and interview with the author.
2007, Hobart Papers 160, ISBN 978 0 255 36601 4, 245pp, PB
For more on the causes of government failure see The Vote Motive by Gordon Tullock.
Unshackling Accountants by D. R. Myddelton