Murder of the population by the state has been common historically and in modem times. I estimate a demand function for state-sponsored murder and find that it obeys the law of demand. The main focus of the paper is estimation of the change in the growth path of economies that practice democide relative to those that do not. On average, the rent-seeking loss associated with democide is about a 20 percent loss of wealth.
Public Choice deals with the intersection between economics and political science. The journal was founded at a time when economists and political scientists became interested in the application of essentially economic methods to problems normally dealt with by political scientists. It has always retained strong traces of economic methodology, but new and fruitful techniques have been developed which are not recognizable by economists. Public Choice therefore remains central in its chosen role of introducing the two groups to each other, and allowing them to explain themselves through the medium of its pages.
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Public Choice