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Reason of Rules -- Consitiutional Political Economy (Paperback)
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Reason of Rules -- Consitiutional Political Economy (Paperback)
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List price R350
Loot Price R315
Discovery Miles 3 150
You Save R35 (10%)
Expected to ship within 12 - 17 working days
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In his foreword, Robert D. Tollison identifies the main objective
of Geoffrey Brennan and James M. Buchanan's "The Reason of Rules: "
." . . a book-length attempt to focus the energies of economists
and other social analysts on the nature and function of the rules
under which ordinary political life and market life function."
In persuasive style, Brennan and Buchanan argue that too often
economists become mired in explaining the obvious or constructing
elaborate mathematical models to shed light on trivial phenomena.
Their solution: economics as a discipline would be better focused
on deriving normative procedures for establishing rules so that
ordinary economic life can proceed unaffected as much as possible
by social issues.
In "The Reason of Rules," Brennan and Buchanan sketch out a
methodological and analytical framework for the establishment of
rules. They point out that the consideration of rules has its roots
in classical economics and has been hinted at in the work of some
contemporary economists. But the enterprise of applying the
analytical rigor of modern economics to the establishment of
effective rules is the little-traveled road that bears the most
promise.
In fact, the basic idea of the importance of rules is a thread
that runs through virtually the whole of Buchanan's distinguished
career, and it is one of his signal contributions to the
contemporary discipline of economics. "The Reason of Rules" is an
elaboration of the potential for rules and the normative process by
which they can best be devised.
James M. Buchanan is an eminent economist who won the Alfred Nobel
Memorial Prize in Economic Sciences in 1986 and is considered one
of the greatest scholars of liberty in the twentieth century.
The entire series will include:
Volume 1 "The Logical Foundations of Constitutional Liberty"
Volume 2 "Public Principles of Public Debt "
Volume 3 "The Calculus of Consent "
Volume 4 "Public Finance in Democratic Process"
Volume 5 "The Demand and Supply of Public Goods"
Volume 6 "Cost and Choice"
Volume 7 "The Limits of Liberty"
Volume 8 "Democracy in Deficit"
Volume 9 "The Power to Tax"
Volume 10 "The Reason of Rules"
Volume 11 "Politics by Principle, Not Interest"
Volume 12 "Economic Inquiry and Its Logic"
Volume 13 "Politics as Public Choice"
Volume 14 "Debt and Taxes"
Volume 15 "Externalities and Public Expenditure Theory"
Volume 16 "Choice, Contract, and Constitutions"
Volume 17 "Moral Science and Moral Order"
Volume 18 "Federalism, Liberty, and the Law"
Volume 19 "Ideas, Persons, and Events"
Volume 20 "Indexes"
General
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