As state governments grapple with increased revenue needs or demands for state tax reform, they typically must choose between relying on an income tax system or utilizing a sales tax, perhaps in conjunction with a corporate franchise tax. Choosing between these two tax options is often a contentious process, and many arguments can arise in the debates surrounding this issue. In this study of small, open economic systems, George R. Zodrow addresses the relative advantages and disadvantages of state sales and income taxes from an economic perspective. He evaluates the two options in terms...
As state governments grapple with increased revenue needs or demands for state tax reform, they typically must choose between relying on an income tax...
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...
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 i...
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...
These thirtyone essays form the foundation of 1986 Nobel Laureate James M. Buchanan's work on the constitutional economics paradigm he founded. Follow...
Though written by an economist, this book's subject is not "economics" in the ordinary sense of that term. Instead, it is James Buchanan's contribution to what he has called the "contractarian revival," the renewed interest in and emphasis on the metaphor of the social contract in evaluating political alternatives. He believes that genuine constitutional dialogue must take place in this country if America is to remain a free society and that the perspectives of an economist are valuable in the discussion of basic issues of social philosophy. The author critically examines the basic...
Though written by an economist, this book's subject is not "economics" in the ordinary sense of that term. Instead, it is James Buchanan's contributio...
Friedrich A. Hayek, distinguished scholar and Nobel laureate, has long been recognized as the moral and intellectual spokesman for classic liberalism and a free society. In January, 1976, a conference on the University of San Francisco campus convened to explore the implications of Hayek's legal and political philosophy. From that conference Robert L. Cunningham has selected the best papers for presentation in this book. Three of the participants, "Joseph Raz, William Letwin," and "Gottfried Dietze," discuss the values represented by the rule of law. Raz analyzes the ideal of the rule of...
Friedrich A. Hayek, distinguished scholar and Nobel laureate, has long been recognized as the moral and intellectual spokesman for classic liberalism ...
