Overview
Inspired by F.A. Hayek's Individualism and Economic Order, this book, edited by Yong Yoon, stands in contrast to the themes of that work by emphasizing that collective action operates differently from the way the market works. The chapters comprise papers written by James M. Buchanan, both with and without Yoon's co-authorship, after the publication of his Collected Works. In this book, the authors analyze political disorder that is caused by individualism and self-interest in democracy, focusing specifically on the American political commons. Buchanan and Yoon expertly examine a variety of topics within this theme: the public choice approach to political disorder, rigorous economic models, the dysfunction of American fiscal institutions, the psychological aspects of political rules, and Fukuyama's vetocracy as a case of anti-commons. Readers will gain many new insights from Individualism and Political Disorder, and it will prove invaluable for academics and students in an array of areas, such as economics, politics, public policy and public administration, social psychology, and law and economics.
Full Product Details
Author: James M. Buchanan ,
Yong J. Yoon ,
Arild Underdal
Publisher: Edward Elgar Publishing Ltd
Imprint: Edward Elgar Publishing Ltd
ISBN: 9781784710576
ISBN 10: 1784710571
Pages: 168
Publication Date: 25 September 2015
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: To order
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.
Reviews
'Since the 2009 Copenhagen climate summit, analysts have focused on what national policy is capable of delivering by way of emission reductions, as that level has de facto become the international regime. This carefully constructed book is immensely useful in the way that it describes and explains the policy trajectories of seven of the world's largest emitters. It is highly recommended both as a state of the art summary of the policy status quo in those countries and a launch pad for new analytical research on the sources of future policy innovation.' - Andrew Jordan, University of East Anglia, UK
'In these creative and imaginative essays, James M. Buchanan and Yong J. Yoon explore new analytical territory by explaining how democratic politics can generate economic disorder. While some of these themes are present throughout Buchanan's scholarly oeuvre, these essays break new analytical ground by examining the ability of democratic processes to promote destructive outcomes in the absence of appropriate constitutional restraints on democratic action. These articles and excerpts will repay careful study by all scholars interested in the relationship between democracy, liberty, and economic progress.' -- Richard E. Wagner, George Mason University, US
`In these creative and imaginative essays, James M. Buchanan and Yong J. Yoon explore new analytical territory by explaining how democratic politics can generate economic disorder. While some of these themes are present throughout Buchanan's scholarly oeuvre, these essays break new analytical ground by examining the ability of democratic processes to promote destructive outcomes in the absence of appropriate constitutional restraints on democratic action. These articles and excerpts will repay careful study by all scholars interested in the relationship between democracy, liberty, and economic progress.' -- Richard E. Wagner, George Mason University, US
Author Information
The late James M. Buchanan, 1986 Nobel Laureate in Economics and Professor Emeritus, George Mason University and Yong J. Yoon, Associate Professor, George Mason University, US
