Book Details

Readings in Public Choice and Constitutional Political Economy

Publication year: 2008

ISBN: 978-0-387-75870-1

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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.


Subject: Business and Economics, Competition, Decision Making, Democracy, Economic Policy, Ethics, Free Trade, Interest Groups, Monetary Policy, Moral Philosophy, Political Economy, Political Philosophy, Political Science, Public Choice, Public Goods, Regulation