Nobel laureate in economics James Buchanan has been called--and indeed, calls himself--an outsider in American economics. Original and even unorthodox in his pioneering contributions to public choice theory and variously revered or berated for his influence on the economic policies that took hold in the Reagan years, he has stimulated a productive vein of economic inquiry and an important strain of public policy.
First published in 1992 under the title "Better ""Than Plowing And"" Other Personal Essays, " this collection of autobiographic writings was hailed as engaging, honest, and...

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.

Analyses the political organisation of a free society through the lens of the economic organisation of society.

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...

Outlines the dynamics of individual choice as it is displayed in the process of public finance.

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.

Should government's power to tax be limited? The authors offer an approach to the understanding and evaluation of the fiscal system.

Societies function on the basis of rules. These rules, rather like the rules of the road, coordinate the activities of individuals who have a variety of goals and purposes. Whether the rules work well or ill, and how they can be made to work better, is a matter of major concern. Appropriately interpreted, the working of social rules is also the central subject matter of modern political economy. This book is about rules - what they are, how they work, and how they can be properly analysed. The authors' objective is to understand the workings of alternative political institutions so that...

A collection of sixteen essays on three general topics: the methodology of economics, the applicability of economic reasoning to political science and other social sciences, and the relevance of economics as moral philosophy.

This volume contains the papers, along with the discussant's re- marks, presented at a conference on 'Federal Fiscal Responsibility', held at The Homestead, Hot Springs, Virginia, on 26-27 March 1976. Additionally, we, the editors, have included an introductory essay which sets forth some of our background thoughts that in- formed our organization of the conference and which also de- scribes some of our reactions to the conference. This conference was sponsored by the Liberty Fund, Inc. of Indianapolis, Indiana, which incorporated this conference into its overall program directed toward the...