Without meaning to be irreverent, it is fair to say that in the Middle Ages, at the height of its political and economic power, the Roman Catholic Church functioned in part as a powerful and sophisticated corporation. The Church dealt in a "product" many consumers felt they had to have: the salvation of their immortal souls. The Pope served as its CEO, the College of Cardinals as its board of directors, bishoprics and monasteries as its franchises. And while the Church certainly had moral and social goals, this early antecedent to AT&T and General Motors had economic motives and methods as...
Without meaning to be irreverent, it is fair to say that in the Middle Ages, at the height of its political and economic power, the Roman Catholic Chu...
That economics can usefully explain politics is no longer a novel idea, it is a well-established fact brought about by the work of many public choice scholars. This book, which is a sequel to a similar volume published in 1972, brings together a fresh collection of recent work in the public choice tradition. The essays demonstrate the power of the public choice approach in the analysis of government. Among the issues considered are income redistribution, fiscal limitations on government, voting rules and processes, the demand for public goods, the political business cycle, international...
That economics can usefully explain politics is no longer a novel idea, it is a well-established fact brought about by the work of many public choi...
Cigarettes are under political attack at all_levels of government in the United States. From Washington, D. C. to state capitals to local govern ments, proposals abound to increase the cigarette excise tax, to impose smoking bans, to prevent cigarette advertising, to restrict the sale of cigarettes through vending machines, to cut off the export of cigarettes, to earmark the cigarette excise tax for health programs, to divest the stock of cigarette companies, and so on. And all of these are purportedly being advocated in the name of health. Undergirding and abetting the health argument is an...
Cigarettes are under political attack at all_levels of government in the United States. From Washington, D. C. to state capitals to local govern ments...
In this highly readable analysis, the authors use positive-economics principles to show how the supply and demand of monopoly rights from the state (rent seeking) provided first the impetus for European mercantilism and later the reasons for its demise in England and entrenchment in France. The balance-of-trade objective, treated by most historians as a primary motive for mercantilism, is shown instead to be the by-product of self-interested parties' seeking of rents. In addition to questions of the causes and results of economic regulation, this thoughtful book raises issues in the...
In this highly readable analysis, the authors use positive-economics principles to show how the supply and demand of monopoly rights from the state (r...
James M. Buchanan Viktor J. Vanberg Robert D. Tollison
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...
James M. Buchanan Viktor J. Vanberg Robert D. Tollison
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...
It is now twenty years since the concept of rent-seeking was first devised by Gordon Tullock, though he was not responsible for coining the phrase itself. His initial insight has burgeoned over two decades into a major research program which has had an impact not only on public choice, but also on the related disciplines of economics, political science, and law and economics. The reach of the insight has proved to be universal, with relevance not just for the democracies, but also, and arguably more important, for all forms of autocracy, irrespective of ideological com plexion. It is not...
It is now twenty years since the concept of rent-seeking was first devised by Gordon Tullock, though he was not responsible for coining the phrase its...
In Policy Challenges and Political Responses, leading public choice scholars confront the most significant problems facing democratic societies at the dawn of the 21st century. Ranging widely across the policy spectrum, this authoritative volume demonstrates the vibrancy and continuing relevance of the public choice research program by applying its ideas and methods to constitution-making in the European Union, terrorism, the growth of government, political campaign finance, vote-counting technologies, participatory democracy, corporate governance, school...
In Policy Challenges and Political Responses, leading public choice scholars confront the most significant problems facing democra...
This Festschrift was "presented" in electronic form to Buchanan on the occasion of his eightieth birthday on October 3, 1999, after dinner in Fairfax, Virginia. As one might have expected, the response to our call for papers was vo- luminous. In looking over the many contributions, we felt that a "published" Festschrift was also possible and fitting for the eightieth birthday of so prodi- gious and influential a scholar as Professor Buchanan. To that end we have assembled the following volume. In selecting the papers to be included here we have basically tried to choose those papers which in...
This Festschrift was "presented" in electronic form to Buchanan on the occasion of his eightieth birthday on October 3, 1999, after dinner in Fairfax,...
