Public Choice Analysis in Historical Perspective

Public Choice Analysis in Historical Perspective PDF Author: Alan Peacock
Publisher: Cambridge University Press
ISBN: 9780521599764
Category : Business & Economics
Languages : en
Pages : 252

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Book Description
In this volume, Sir Alan Peacock, one of Britain's most noted public economists, poses the question as to whether the history of economic thought is an essential part of the training of public finance economists. He argues that the perspective gained by studying the origins of public choice analysis can offer an important stimulus to scientific progress. The first lecture analyses the increasing popularity in recent years of the modernist, anti-historical point of view. The second criticises those theories of growth in government expenditure which ignore the political process. The third lecture draws on Adam Smith and David Hume to extend the conventional economic model of bureaucracy. In the final lecture, Peacock considers the problem of controlling public sector growth and points to ways of overcoming them. The book ends with short commentaries by seven public economists.

Public Choice Analysis in Historical Perspective

Public Choice Analysis in Historical Perspective PDF Author: Alan Peacock
Publisher: Cambridge University Press
ISBN: 9780521599764
Category : Business & Economics
Languages : en
Pages : 252

Get Book Here

Book Description
In this volume, Sir Alan Peacock, one of Britain's most noted public economists, poses the question as to whether the history of economic thought is an essential part of the training of public finance economists. He argues that the perspective gained by studying the origins of public choice analysis can offer an important stimulus to scientific progress. The first lecture analyses the increasing popularity in recent years of the modernist, anti-historical point of view. The second criticises those theories of growth in government expenditure which ignore the political process. The third lecture draws on Adam Smith and David Hume to extend the conventional economic model of bureaucracy. In the final lecture, Peacock considers the problem of controlling public sector growth and points to ways of overcoming them. The book ends with short commentaries by seven public economists.

Readings in Public Choice and Constitutional Political Economy

Readings in Public Choice and Constitutional Political Economy PDF Author: Charles Rowley
Publisher: Springer Science & Business Media
ISBN: 0387758704
Category : Political Science
Languages : en
Pages : 617

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Book Description
Public choice is the study of behavior at the intersection of economics and political science. Since the pioneering work of Duncan Black in the 1940s, public choice has developed a rich literature, drawing from such related perspectives as history, philosophy, law, and sociology, to analyze political decision making (by citizen-voters, elected officials, bureaucratic administrators, lobbyists, and other "rational" actors) in social and economic context, with an emphasis on identifying differences between individual goals and collective outcomes. Constitutional political economy provides important insights into the relationship between effective constitutions and the behavior of ordinary political markets. In Readings in Public Choice and Constitutional Political Economy, Charles Rowley and Friedrich Schneider have assembled an international array of leading authors to present a comprehensive and accessible overview of the field and its applications. Covering a wide array of topics, including regulation and antitrust, taxation, trade liberalization, political corruption, interest group behavior, dictatorship, and environmental issues, and featuring biographies of the founding fathers of the field, this volume will be essential reading for scholars and students, policymakers, economists, sociologists, and non-specialist readers interested in the dynamics of political economy.

Public Choice Analysis in Historical Perspective

Public Choice Analysis in Historical Perspective PDF Author: Alan T. Peacock
Publisher:
ISBN:
Category :
Languages : en
Pages : 231

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Book Description


Public Choice and the Economic Analysis of Anarchy

Public Choice and the Economic Analysis of Anarchy PDF Author: Benjamin Powell
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Public choice economists began studying the economics of anarchy in the 1970s. Since then, the amount of research on anarchy has burgeoned. This article surveys the important public choice contributions to the economics of anarchy. Following the lead of the early public choice economists, many current economists are researching and analyzing how individuals interact without government. From their non-public-interested explanations of the creation of government law enforcement to their historical studies of attempts to internalize externalities under anarchy, public choice scholars are arriving at a more realistic perspective on government and how people interact when government law enforcement is lacking. Although the economics of politics often receives more attention, the economics of anarchy is an important area of research in public choice.

The Causes and Consequences of Antitrust

The Causes and Consequences of Antitrust PDF Author: Fred S. McChesney
Publisher: University of Chicago Press
ISBN: 9780226556352
Category : Business & Economics
Languages : en
Pages : 426

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Book Description
Why has antitrust legislation not lived up to its promise of promoting free-market competition and protecting consumers? Assessing 100 years of antitrust policy in the United States, this book shows that while the antitrust laws claim to serve the public good, they are as vulnerable to the influence of special interest groups as are agricultural, welfare, or health care policies. Presenting classic studies and new empirical research, the authors explain how antitrust caters to self-serving business interests at the expense of the consumer. The contributors are Peter Asch, George Bittlingmayer, Donald J. Boudreaux, Malcolm B. Coate, Louis De Alessi, Thomas J. DiLorenzo, B. Epsen Eckbo, Robert B. Ekelund, Jr., Roger L. Faith, Richard S. Higgins, William E. Kovacic, Donald R. Leavens, William F. Long, Fred S. McChesney, Mike McDonald, Stephen Parker, Richard A. Posner, Paul H. Rubin, Richard Schramm, Joseph J. Seneca, William F. Shughart II, Jon Silverman, George J. Stigler, Robert D. Tollison, Charlie M. Weir, Peggy Wier, and Bruce Yandle.

Rationalizing Capitalist Democracy

Rationalizing Capitalist Democracy PDF Author: S.M. Amadae
Publisher: University of Chicago Press
ISBN: 0226016544
Category : History
Languages : en
Pages : 414

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Book Description
Offering a fascinating biography of a foundational theory, Amadae reveals not only how the ideological battles of the Cold War shaped ideas but also how those ideas may today be undermining the very notion of individual liberty they were created to defend.

Law and Public Choice

Law and Public Choice PDF Author: Daniel A. Farber
Publisher: University of Chicago Press
ISBN: 0226238113
Category : Law
Languages : en
Pages : 170

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Book Description
In Law and Public Choice, Daniel Farber and Philip Frickey present a remarkably rich and accessible introduction to the driving principles of public choice. In this, the first systematic look at the implications of social choice for legal doctrine, Farber and Frickey carefully review both the empirical and theoretical literature about interest group influence and provide a nonmathematical introduction to formal models of legislative action. Ideal for course use, this volume offers a balanced and perceptive analysis and critique of an approach which, within limits, can illuminate the dynamics of government decision-making. “Law and Public Choice is a most valuable contribution to the burgeoning literature. It should be of great interest to lawyers, political scientists, and all others interested in issues at the intersection of government and law.”—Cass R. Sunstein, University of Chicago Law School

The Production and Diffusion of Public Choice Political Economy

The Production and Diffusion of Public Choice Political Economy PDF Author: Joseph C. Pitt
Publisher: Wiley-Blackwell
ISBN: 9781405124522
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
This book is about is more than a subdiscipline within the field of economics---it is about a new field named "public choice political economy" that gradually evolved during the 1970s and 1980s at Virginia Polytechnic Institute in Blacksburg, Virginia. What is the field Public Choice Political Economy all about? How did it originate? Who were the main architects and builders? What values and work habits motivated the work? Finally, how did the facts about the development of public choice political economy stack up against what we know about science in general and how it has developed? The authors of the essays included in this volume, originally came together in May of 2000 in Blacksburg to celebrate their scientific achievements and take pride in the regimen of research and the processes that brewed at the legendary Public Choice center in Virginia. This location provided what turned out to be a fortuitous combination of obscurity and rustic quiet for original thoughts and concentrated debates. Inspired by the pioneer attitudes of the Virginians and the dedication and work ethic of James Buchanan and Gordon Tullock, a core group of renegade social scientists broke new ground and started a revolution in thought. The big questions about economizing behavior, constitutional limitations on an overreaching bureaucracy and the possible design and redesign of institutions to harness self-interested behavior for the benefit of all are touched on and placed in historical context. The resulting public choice movement occurred first in economics and later extended to political science and beyond. This may have been one of the most important developments in twentieth century social science. The book concludes with Nobel laureate, James Buchanan's thoughts about what had transpired largely but not exclusively under his guidance. Other contributors include, Richard B. McKenzie, Geoffrey Brennan, Stephen Medema and Robert Sugden. Professors Pitt, Salehi-Isfahani and Eckel provide a useful introduction to this collection.These essays and comments were originally published in The American Journal of Economics and Sociology in January of 2004 as an "invited volume." The book should be of great interest to historians of economics and the social sciences.

The Oxford Handbook of Public Choice

The Oxford Handbook of Public Choice PDF Author: Roger D. Congleton
Publisher: Oxford University Press
ISBN: 019046979X
Category : Business & Economics
Languages : en
Pages : 800

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Book Description
The Oxford Handbook of Public Choice provides a comprehensive overview of the research in economics, political science, law, and sociology that has generated considerable insight into the politics of democratic and authoritarian systems as well as the influence of different institutional frameworks on incentives and outcomes. The result is an improved understanding of public policy, public finance, industrial organization, and macroeconomics as the combination of political and economic analysis shed light on how various interests compete both within a given rules of the games and, at times, to change the rules. These volumes include analytical surveys, syntheses, and general overviews of the many subfields of public choice focusing on interesting, important, and at times contentious issues. Throughout the focus is on enhancing understanding how political and economic systems act and interact, and how they might be improved. Both volumes combine methodological analysis with substantive overviews of key topics. This second volume examines constitutional political economy and also various applications, including public policy, international relations, and the study of history, as well as methodological and measurement issues. Throughout both volumes important analytical concepts and tools are discussed, including their application to substantive topics. Readers will gain increased understanding of rational choice and its implications for collective action; various explanations of voting, including economic and expressive; the role of taxation and finance in government dynamics; how trust and persuasion influence political outcomes; and how revolution, coups, and authoritarianism can be explained by the same set of analytical tools as enhance understanding of the various forms of democracy.

Government versus Markets

Government versus Markets PDF Author: Vito Tanzi
Publisher: Cambridge University Press
ISBN: 1139499734
Category : Political Science
Languages : en
Pages : 391

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Book Description
Vito Tanzi offers a truly comprehensive treatment of the economic role of the state in the twentieth and twenty-first centuries from a historical and world perspective. The book addresses the fundamental question of what governments should do, or have attempted to do, in economic activities in past and recent periods. It also speculates on what they are likely or may be forced to do in future years. The investigation assembles a large set of statistical information that should prove useful to policy-makers and scholars in the perennial discussion of government's optimal economic roles. It will become an essential reference work on the analytical borders between the market and the state, and on what a reasonable 'exit strategy' from the current fiscal crises should be.