Calculus of Consent -- Logical Foundations of Constitutional Democracy

James M Buchanan

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Language: English

Published by Liberty Fund Inc, 1999

0865972184 / 9780865972186

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THE CALCULUS OF CONSENT was co-authored by Buchanan with Gordon Tullock, with whom Buchanan collaborated on many books and academic enterprises throughout their careers. As Robert D Tollison states in the foreword: (this book) is a radical departure from the way democracies conduct their business. The 'Calculus' is already a book for the ages. This classic work analyses the political organisation of a free society through the lens of the economic organisation of society. The authors acknowledge their unease as economists in analysing the political organisation, but they take the risk of forging into unfamiliar territory because they believe the benefits of their perspective will bear much fruit. As the authors state, their objective in this book is "to analyze the calculus of the rational individual when he is faced with questions of constitutional choice. We examine the (choice) process extensively only with reference to the problem of decision-making rules." The authors describe their approach as 'economic individualism'. They believe that economists have explored individual choice extensively in the market sector while social scientists have largely ignored the dynamics of individual decision-making in the dynamics of forming group action in the public sector. Written in the early 1960s, THE CALCULUS OF CONSENT has become a bulwark of the public choice movement for which James M Buchanan is so justly famous.…

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Title
Calculus of Consent -- Logical Foundations of Constitutional Democracy
Author
James M Buchanan
Publisher
Liberty Fund Inc
Publication year
1999
Condition
Good
Binding
Paperback
Language
English
ISBN 10
0865972184
ISBN 13
9780865972186
Edition
3rd Edition

World of Books (was SecondSale)

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