Economics, Governance and Law: Essays on Theory and PolicyThis coherent collection of previously published and unpublished papers also includes a specially written introduction by Warren Samuels. The book examines some of the fundamental issues in political economy in a non-judgemental and non-ideological way. The political economy is a process of decision making and these papers attempt to identify the deepest levels of conduct of collective choice. These include official and private government, the 'rule of law', the nature of property, rules and markets, deliberative and non-deliberative choice, and the operation of selective perception and of intellectual fraud in politics. After an objective reading of these essays, no reader should look at government, globalization, rule of law, constitutions, and revolution in quite the same way. |
Contents
The PoliticalEconomic Logic of World Governance | 39 |
The Rule of Law and the Capture and Use of Government | 61 |
Hayek from the Perspective of an Institutionalist Historian | 81 |
Copyright | |
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Common terms and phrases
affirms allocative analysis and/or argument Brenner Buchanan choice concept conflict constitutional constructivism corporate critique decisions deliberative dominant double taxation economic role economists Edward Elgar effect elite essay example exists externalities fact freedom function fundamental given Hayek ideology important individual influence interests interpretation involved issue language legal-economic nexus markets matter meaning Medema moral Musgrave myth nature nondeliberative nonlegal norms and rules obfuscation operative opportunity sets optimal organizations Pareto Pareto optimal particular parties philosophical realist Pigovian and Paretian Pigovian tax political position principle private property problem property rights protection public purpose question rent seeking representative democracy result role of government rule of law Samuels selective perception social construction social control society solutions spontaneous order status quo structure taxes theory tobacco transaction costs transcendent University Press valuation versus Vilfredo Pareto vote Warren welfare economics willy nilly world government