Choice, Contracts and Constitutions

Resumen del libro

Constitutional political economy is the theme of the papers collected in this volume. This entire area of contemporary economic thought is a legacy of James M. Buchanan.
In outlining the importance of this volume to the contemporary study of economics and to the work of James M. Buchanan, Robert D. Tollison states in his foreword, Buchanan literally founded the field of constitutional political economy. . . . His insistence on the importance of rules was an important innovation in economics, and, over the past thirty years or so, the analytical and empirical relevance of Buchanan's constitutional perspective has become apparent.
The thirty-five papers represented in this volume are grouped into these major subject categories:
1.Foundational Issues
2.The Method of Constitutional Economics
3.Incentives and Constitutional Choice
4.Constitutional Order
5.Market Order
6.Distributional Issues
7.Fiscal and Monetary Constitutions
8.Reform