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These thirtyone essays form the foundation of 1986 Nobel Laureate James M. Buchanan's work on the constitutional economics paradigm he founded. Following the earlier collection, "Economics: Between Predictive Science and Moral Philosophy," these essays include many that appeared in journals not easily accessible as well as some which have not previously been published.
The volume is organized in two parts: theoretical foundations and applications. The latter part includes papers on aspects of voting, monetary and fiscal constitutions, public goods supply, taxation and public debt, and...

This book presents twenty-six of the major papers of 1986 Nobel Laureate James M. Buchanan, who played a key role in the development of "theoretical institutional economics" and was awarded the Nobel Prize in economic science for his contributions to a theory of political economy as well as his leadership of the public choice movement. These articles, written from the early 1950s to the mid-1980s and spanning various subfields of economics from public finance to methodology, form the core of Buchanan's work. In each paper the constitutional economics paradigm--viewed by the author as a modern...