Polity Atlas
Article

The Economics of Autocracy and Majority Rule: The Invisible Hand and the Use of Force

Martin C. McGuire; Mancur Olson · Journal of Economic Literature 34(1), 72–96 · 1996

Open publisher page ↗
Type
Article
Author
Martin C. McGuire; Mancur Olson
Accessed
2026-09-01

Claims citing this source

1 claims
TheoryMcGuire and Olson argued that a democracy run by an optimising majority that also earns market income necessarily redistributes less than an autocrat, and that a majority earning enough market income redistributes nothing and provides an ideal level of public goods.