This is the fourth volume in Liberty Funds "The Selected Works of
Gordon Tullock". This volume includes some of Gordon Tullocks most
noteworthy contributions to the theory and application of public
choice, which is a relatively new science that links economics and
political action. This volume combines the best parts of two of his
books, Private Wants: Public Means and On Voting, as well as his
famous monograph The Vote Motive. The common thread is the
importance of the bond between Homo politicus and Homo economicus:
they are the same species, each driven largely by self-interest in
vigorous pursuit of such personal objectives as wealth, power,
prestige, and income security within the confines of society. "The
Economics of Politics" covers such diverse public choice topics as:
the nature and origins of public choice, the power of using
economic analysis to understand and predict the behaviour of
politically influenced markets, and an evaluation of voting rules
and political institutions. Equally confident in both the normative
and the positive branches of the discipline, and well-versed in the
wide variety of institutions and practices of democracy throughout
history, Tullock takes the reader on a journey that goes well
beyond the conventional horizon of public choice.
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