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Emergence, Entanglement, and Political Economy (Hardcover, 1st ed. 2021)
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Emergence, Entanglement, and Political Economy (Hardcover, 1st ed. 2021)
Series: Studies in Public Choice, 38
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This volume is intended to serve as a review of the "next
generation" of political economy scholars in what can be called the
"Wagnerian" tradition, which traces its roots to Buchanan and De
Viti De Marco in the 1930s, who argued that any decision that
results from a political entity must be the product of individual
decision makers operating within some framework of formal and
informal rules. To treat these decisions as if they were the
product of one single mind, or even simply the additive result of
several decisions, is to fundamentally misunderstand and
mischaracterize the dynamics of collective action. Today, Richard
Wagner is among the most prominent theorists in analyzing the
institutional foundations of the economy and the organization of
political decision-making. In this collection of original essays,
former students schooled in this tradition offer emerging insights
on public choice theory, public finance, and political economy,
across a range of topics from voting behavior to entrepreneurship.
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