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post-socialist political economy - Selected Essays (Hardcover)
Loot Price: R3,458
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post-socialist political economy - Selected Essays (Hardcover)
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This book presents a critical assessment of the political and
social order in the post-revolutionary decade of the 1990s in both
the transitional economies and Western welfare states confronting
fiscal crises. As we enter the new post-socialist century, James M.
Buchanan argues that we need to think and act on the premise that
the future is uncertain. James M. Buchanan examines the political
economy of the post-socialist era, analysing the events of 1989-91
and some of their predicted consequences. In addition he reflects
upon the influence of those revolutionary years and the reactions
to the changes, as well as the role of economists in the new
socio-political environment. The political economy of the
post-socialist era will be determined by the forces of historical
development, social and cultural evolution, directed political
change and exogenous shocks. To a large extent, many of these
forces cannot be planned for, except directed political change.
This insightful new book will be welcomed by political economists,
legal and political philosophers, political scientists and public
choice economists.
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