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.
In Readings in Public Choice and Constitutional Political
Economy, Charles Rowley and Friedrich Schneider have assembled an
international array of leading authors to present a comprehensive
and accessible overview of the field and its applications. Covering
a wide array of topics, including regulation and antitrust,
taxation, trade liberalization, political corruption, interest
group behavior, dictatorship, and environmental issues, and
featuring biographies of the founding fathers of the field, this
volume will be essential reading for scholars and students,
policymakers, economists, sociologists, and non-specialist readers
interested in the dynamics of political economy.
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