"Politics by principle is that which modern politics is not. What we observe is 'politics by interest, ' whether in the form of explicitly discriminatory treatment (rewarding or punishing) of particular groupings of citizens or of some elitist-dirigiste...
This final volume (save for the Index) in Liberty Fund's The Collected Works of James M. Buchanan acquaints us most intimately with the man himself. Included are essays and short pieces that shed light on Buchanan's view of the world.
Democracy in Deficit is one of the early comprehensive attempts to apply the basic principles of public-choice analysis to macroeconomic theory and policy.
Studies of public finance, as traditionally developed, have analyzed the effects of fiscal institutions on the market-choice behavior of individuals and firms, but this book takes a different approach. It analyzes the effects of fiscal institutions on...
" The Limits of Liberty is concerned mainly with two topics. One is an attempt to construct a new contractarian theory of the state, and the other deals with its legitimate limits. The latter is a matter of great practical importance and is of no...