The Economic Foundations of Government

The Economic Foundations of Government PDF

Author: Randall G. Holcombe

Publisher: Springer

Published: 2016-07-27

Total Pages: 273

ISBN-13: 1349132306

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Government is analysed as the product of exchange among individuals who differ in their bargaining power. This approach shows why individuals agree to political institutions that give their governments extensive power, and why even the most powerful government benefits from constitutional rules constraining the government's power. This foundation is used to examine a wide range of government activities, including its protection of rights, its military activities, and democratic political institutions.

The Anti-Oligarchy Constitution

The Anti-Oligarchy Constitution PDF

Author: Joseph Fishkin

Publisher: Harvard University Press

Published: 2022-02-08

Total Pages: 641

ISBN-13: 067424740X

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“Eminently readable, and anybody who cares about the future of American democracy in these perilous times can only hope that it will be widely read and carefully considered.” —James Pope, Washington Post “Fishkin and Forbath’s accessible work serves as both history lesson and political playbook, offering the Left an underutilized—and perhaps counterintuitive—tool in the present-day fight against social and economic injustice: the Constitution.” —Benjamin Morse, Jacobin “Rousing and authoritative...attempt[s] to recover the Constitution’s pivotal role in shaping claims of justice and equality...Makes even the present court’s capture by the ideological right a compelling platform for a revived social-democratic constitutional politics.” —New Republic Oligarchy is a threat to the American republic. When too much economic and political power is concentrated in too few hands, we risk losing the “republican form of government” the Constitution requires. Today, courts enforce the Constitution as if it had almost nothing to say about this threat. But as this revolutionary retelling of constitutional history shows, a commitment to prevent oligarchy once stood at the center of a robust tradition in American political and constitutional thought. Joseph Fishkin and William Forbath demonstrate that reformers, legislators, and even judges working in this “democracy-of-opportunity” tradition understood that the Constitution imposes a duty on legislatures to thwart oligarchy and promote a broad distribution of wealth and political power. These ideas led Jacksonians to fight special economic privileges for the few, Populists to try to break up monopoly power, and Progressives to fight for the constitutional right to form a union. But today, as we enter a new Gilded Age, this tradition in progressive American economic and political thought lies dormant. The Anti-Oligarchy Constitution begins the work of recovering it and exploring its profound implications for our deeply unequal society and badly damaged democracy.

Prelude to Political Economy

Prelude to Political Economy PDF

Author: Kaushik Basu

Publisher: Oxford University Press, USA

Published: 2000

Total Pages: 305

ISBN-13: 0198296711

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This volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be seen as embedded in politics and society. It is a study of this embeddedness.

Constitutional Economics

Constitutional Economics PDF

Author: Richard B. McKenzie

Publisher: Lexington Books

Published: 1984

Total Pages: 280

ISBN-13:

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Based on papers from a conference sponsored by the Heritage Foundation."A Heritage Foundation book"--Jacket. Includes bibliographical references.

Economic Foundations of International Law

Economic Foundations of International Law PDF

Author: Eric A. Posner

Publisher: Harvard University Press

Published: 2013-01-01

Total Pages: 383

ISBN-13: 0674067630

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Exchange of goods and ideas among nations, cross-border pollution, global warming, and international crime pose formidable questions for international law. Two respected scholars provide an intellectual framework for assessing these problems from a rational choice perspective and describe conditions under which international law succeeds or fails.

Foundations of Real-World Economics

Foundations of Real-World Economics PDF

Author: John Komlos

Publisher: Routledge

Published: 2019-01-11

Total Pages: 292

ISBN-13: 1351584715

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The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.

The Foundations of Economics

The Foundations of Economics PDF

Author: Walter Eucken

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 357

ISBN-13: 3642773184

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THE FIRST GERMAN edition of this book appeared in 1940. Since then the book has gone through five more editions and has been translated into Spanish and Italian. The present English translation is based on the sixth German edition. The author was Professor of Economics at the University of Freiburg, Germany. Professor Eucken was a student at a time when the Historical School dominated the teaching of econo mics at the German universities. Although, at the beginning of his career, he did some work along the lines of the Historical School, neither the ~ims nor the methods of historical research the field of economics as practised by the representatives in of the Historical School satisfied him; and the fact that the members of this school were unable to explain the causes of economic events such as the German inflation after World War I was an added reason for him to turn to economic theory. He became, among German economists, the foremost opponent of the Historical School, which he criticised in several publica tions. Through his wrItings and his teaching he contributed his share to the revival of interest in economic theory which was noticeable in the 'twenties. And he was one of the few economists left in Germany who helped to keep this interest alive during the 'thirties and during World War II. During this time he published Kapitaltheoretische Untersuchungen (1936), and the present volume, which immediately gave rise to an extensive discussion in German economic journals.