Presents a collection of the author's most representative works in economic method and analysis. This book contains some of the author's most often cited works on methodology, including papers reflecting his emphasis on the subjective nature of opportunity costs and the implications of this subjectivity for economic analysis.

A collection of thirty-four essays and shorter works by the author, that are broken down into categorical groupings: general approach; public choice and its critics; voters; voting models; rent seeking; regulation; public choice and public expenditures.

Democracy in Deficit opened the door for much of the current work on political business cycles and the incorporation of public-choice considerations into macroeconomic theory. Even in the area of monetarism, Buchanan's landmark work has greatly influenced the sway of contemporary theorists away from the nearly universally held belief of Keynesian theory. Democracy in Deficit contributes greatly to Buchanan's lifelong fiscal and monetary rules to guide long-term policy in macroeconomics. The book serves to bolster Buchanan's central beliefs in the necessity of a balanced-budget amendment to...

Contains twenty-nine papers on aspects of public-expenditure theory, grouped into these major subject categories: public services and collective action, externalities, clubs and joint supply, public goods theory, applications - city, health, and social security, distributive norms and collective action.