An Act of Procedural Defiance : Farm Bills through the lens of The Transaction Cost Theory

By Dewesh Kumar Vinod Introduction This article scrutinizes the manner in which the farm bills were passed in the Rajya Sabha, and for the same, adopts the perspective of an element of the public choice theory, the theory of transaction costs as stipulated by Jonathan R. Macey. The transaction cost theory suggests that the use … Continue reading An Act of Procedural Defiance : Farm Bills through the lens of The Transaction Cost Theory