Individualism and political disorder

pt. 1. Analysis and application -- pt. 2. America's fiscal tragedy

Main Author: Buchanan, James M.
Corporate Author: Edward Elgar Publishing
Other Authors: Yoon, Yong J.
Format: eBook
Published: Cheltenham Edward Elgar Pub. Ltd 2015
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
Summary:pt. 1. Analysis and application -- pt. 2. America's fiscal tragedy
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 from the way the market works. The chapters comprise papers written by James M. Buchanan, both with and without Yoon's co-authorship, after the publication of his Collected Works. In this book, the authors analyze political disorder that is caused by individualism and self-interest in democracy, focusing specifically on the American political commons. Buchanan and Yoon expertly examine a variety of topics within this theme: the public choice approach to political disorder, rigorous economic models, the dysfunction of American fiscal institutions, the psychological aspects of political rules, and Fukuyama's vetocracy as a case of anti-commons. Readers will gain many new insights from Individualism and Political Disorder, and it will prove invaluable for academics and students in an array of areas, such as economics, politics, public policy and public administration, social psychology, and law and economics
Physical Description:xvii, 146 p ill