This refers to an economic model which tries to depict the typical behaviour of bureaucrats who work for the government. A government bureaucrat, according to this model, will constantly try to expand the amount of money and other resources that are under his control. The greater the amount of resources under his control, the greater the chances of him wielding power over people who are dependent on these resources. The budget-maximising model of bureaucratic behaviour was first proposed by American economist William Niskanen in the 1968 paper, “The peculiar economics of bureaucracy”.
Source: The Hindu June 11, 2019 19:07 UTC