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Individualism and political disorder

Author: James M Buchanan; Yong J Yoon
Publisher: Cheltenham, UK : Edward Elgar Publishing, 2015.
Edition/Format:   Print book : EnglishView all editions and formats

Inspired by F.A. Hayek's Individualism and Economic Order, this book, edited by Yong Yoon, stands in contrast to the themes of that work by emphasizing that collective action operates differently  Read more...


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Document Type: Book
All Authors / Contributors: James M Buchanan; Yong J Yoon
ISBN: 9781784710576 1784710571
OCLC Number: 927452545
Description: xvii, 146 pages : illustrations ; 25 cm.
Contents: Contents: Foreword Roger Congleton PART I INTRODUCTION Introduction: Political Disorder and Decay PART II ANALYSIS AND APPLICATION 1. Majoritarian Logic 2. Rationality as Prudence: Another Reason for Rules 3. The Efficacy of Arbitrary Rules (Buchanan and Yoon) 4. Variations on Tullock's Road Model 5. Symmetric Tragedies: Commons and Anti-commons 6. Majoritarian Management of the Commons 7. Universalism through common access: an alternative model of distributive politics 8. Majoritarian Exploitation of Fiscal Commons: General Taxes -Differential Transfers 9. All Voting is Strategic 10. Public Choice and the Extent of the Market 11. Choosing for Others: A Neglected Element in the Theory of Collective Action 12. The Cost of Collectivization, Per Se PART III: AMERICA'S FISCAL TRAGEDY 13. Institutional Sources of American Fiscal Tragedy Index
Responsibility: the late James M. Buchanan, 1986 Nobel Laureate in Economics and Professor Emeritus, George Mason University, USA; Yong J. Yoon, Associate Professor, George Mason University, USA.
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'In these creative and imaginative essays, James M. Buchanan and Yong J. Yoon explore new analytical territory by explaining how democratic politics can generate economic disorder. While some of Read more...

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