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Calculus of Consent (Paperback)
Loot Price: R439
Discovery Miles 4 390
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Calculus of Consent (Paperback)
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Loot Price R439
Discovery Miles 4 390
Expected to ship within 10 - 15 working days
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This is the second volume of Liberty Fund's "The Selected Works of
Gordon Tullock", it is a reprint edition of the ground-breaking
economic classic written by two of the world's preeminent
economists -- Gordon Tullock and Nobel Laureate James M. Buchanan.
This book is a unique blend of economics and political science that
helped create significant new subfields in each discipline
respectively, namely, the public choice school and constitutional
political economy. Charles K. Rowley, Duncan Black Professor of
Economics at George Mason University, points out in his
introduction, "The Calculus of Consent" is, by a wide margin, the
most widely cited publication of each coauthor and, by general
agreement, their most important scientific contribution." The book
is divided into four parts, each consisting of several chapters.
The introduction by Professor Rowley provides a short overview of
the book and identifies key insights that permeated the bounds of
economics and political science and created an enduring nexus
between the two sciences. Part I establishes the conceptual
framework of the book's subject; part II defines the realm of
social choice; part III applies the logic developed in part II to
describe a range of decision-making rules, most notably, the rule
of simple majority; while part IV explores the economics and ethics
of democracy.
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