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Virginia Political Economy
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Book Synopsis Virginia Political Economy by : Gordon Tullock
Download or read book Virginia Political Economy written by Gordon Tullock and published by Selected Works of Gordon Tullo. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gordon Tullock is among a small group of living legends in the field of political economics. This volume provides an entree to the mind of an original thinker. Professor Rowley provides deliberately sparse contextual introduction to each volume, opting to allow the very able and eloquent Tullock to speak for himself.
Book Synopsis Towards an Economics of Natural Equals by : David M. Levy
Download or read book Towards an Economics of Natural Equals written by David M. Levy and published by Cambridge University Press. This book was released on 2020-01-02 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores how the Virginia School developed an economics for natural equals in which consent is critical for policy.
Book Synopsis Virginia Politics & Government in a New Century: The Price of Power by : Jeff Thomas
Download or read book Virginia Politics & Government in a New Century: The Price of Power written by Jeff Thomas and published by Arcadia Publishing. This book was released on 2016 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The modern political landscape of Virginia bears little resemblance to the past. The commonwealth is a nationally influential swing state alongside stalwarts like Florida or Ohio. But with increased power comes greater scrutiny--and corruption. Governor Bob McDonnell received a jail sentence on federal corruption charges, later vacated by the U.S. Supreme Court. Corporate influence on the state legislature and other leaders resulted in numerous ethics violations. Scandal erupted at the prestigious University of Virginia when the school ousted its president amid political drama and intrigue. Author Jeff Thomas reveals the intersection of money, power and politics and the corrosive effect on government in a new era."--Page [4] of cover.
Book Synopsis Constitutionalism and Democracy by : Richard Bellamy
Download or read book Constitutionalism and Democracy written by Richard Bellamy and published by Routledge. This book was released on 2017-07-05 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt: Constitutionalism and democracy have been interpreted as both intimately related and intrinsically opposed. On the one hand constitutions are said to set out the rules of the democratic game, on the other as constraining the power of the demos and their representatives to rule themselves - including by reforming the very processes of democracy itself. Meanwhile, constitutionalists themselves differ on how far any constitution derives its authority from, and should itself be subject to democratic endorsement and interpretation. They also dispute whether constitutions should refer solely to democratic processes, or also define and limit democratic goals. Each of these positions produces a different view of judicial review, the content and advisability of a Bill of Rights and the nature of constitutional politics. These differences are not simply academic positions, but are reflected in the different types of constitutional democracy found in the United States, continental Europe, Britain and many commonwealth countries. The selected essays explore these issues from the perspectives of law, philosophy and political science. A detailed and informative introduction sets them in the context of contemporary debates about constitutionalism.
Book Synopsis Quantal Response Equilibrium by : Jacob K. Goeree
Download or read book Quantal Response Equilibrium written by Jacob K. Goeree and published by Princeton University Press. This book was released on 2016-06-28 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes precise and perfect decision making in games, but human behavior is inherently stochastic and people realize that the behavior of others is not perfectly predictable. In contrast, QRE models choice behavior as probabilistic and extends classical game theory into a more realistic and useful framework with broad applications for economics, political science, management, and other social sciences. Quantal Response Equilibrium spans the range from basic theoretical foundations to examples of how the principles yield useful predictions and insights in strategic settings, including voting, bargaining, auctions, public goods provision, and more. The approach provides a natural framework for estimating the effects of behavioral factors like altruism, reciprocity, risk aversion, judgment fallacies, and impatience. New theoretical results push the frontiers of models that include heterogeneity, learning, and well-specified behavioral modifications of rational choice and rational expectations. The empirical relevance of the theory is enhanced by discussion of data from controlled laboratory experiments, along with a detailed users' guide for estimation techniques. Quantal Response Equilibrium makes pioneering game-theoretic methods and interdisciplinary applications available to a wide audience.
Book Synopsis Gold and Freedom by : Nicolas Barreyre
Download or read book Gold and Freedom written by Nicolas Barreyre and published by University of Virginia Press. This book was released on 2015-12-15 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historians have long treated Reconstruction primarily as a southern concern isolated from broader national political developments. Yet at its core, Reconstruction was a battle for the legacy of the Civil War that would determine the political fate not only of the South but of the nation. In Gold and Freedom, Nicolas Barreyre recovers the story of how economic issues became central to American politics after the war. The idea that a financial debate was as important for Reconstruction as emancipation may seem remarkable, but the war created economic issues that all Americans, not just southerners, had to grapple with, including a huge debt, an inconvertible paper currency, high taxation, and tariffs. Alongside the key issues of race and citizenship, the struggle with the new economic model and the type of society it created pervaded the entire country. Both were legacies of war. Both were fought over by the same citizens in a newly reunited nation. It was thus impossible for such closely related debates to proceed independently. A truly groundbreaking work, Gold and Freedom shows how much the fate of Reconstruction—and the political world it ultimately created—owed to northern sectional divisions, revealing important links between race and economy, as well as region and nation, not previously recognized.
Book Synopsis The American Political Economy by : Douglas A. HIBBS
Download or read book The American Political Economy written by Douglas A. HIBBS and published by Harvard University Press. This book was released on 2009-06-30 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is the most comprehensive and authoritative work to date on relationships between the economy and politics in the years from Eisenhower through Reagan. Extending and deepening his earlier work, which had major impact in both political science and economics, Hibbs traces the patterns in and sources of postwar growth, unemployment, and inflation. He identifies which groups win and lose from inflations and recessions. He also shows how voters' perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents. Hibbs's analyses demonstrate that political officials in a democratic society ignore the economic interests and demands of their constituents at their peril, because episodes of prosperity and austerity frequently have critical influence on voters' behavior at the polls. The consequences of Eisenhower's last recession, of Ford's unwillingness to stimulate the economy, of Carter's stalled recovery were electorally fatal, whereas Johnson's, Nixon's, and Reagan's successes in presiding over rising employment and real incomes helped win elections. The book develops a major theory of macroeconomic policy action that explains why priority is given to growth, unemployment, inflation, and income distribution shifts with changes in partisan control of the White House. The analysis shows how such policy priorities conform to the underlying economic interests and preferences of the governing party's core political supporters. Throughout the study Hibbs is careful to take account of domestic institutional arrangements and international economic events that constrain domestic policy effectiveness and influence domestic economic outcomes. Hibbs's interdisciplinary approach yields more rigorous and more persuasive characterizations of the American political economy than either purely economic, apolitical analyses or purely partisan, politicized accounts. His book provides a useful benchmark for the advocacy of new policies for the 1990s--a handy volume for politicians and their staffs, as well as for students and teachers of politics and economics.
Book Synopsis Claiming the State by : Gabrielle Kruks-Wisner
Download or read book Claiming the State written by Gabrielle Kruks-Wisner and published by Cambridge University Press. This book was released on 2018-08-16 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Citizens around the world look to the state for social welfare provision, but often struggle to access essential services in health, education, and social security. This book investigates the everyday practices through which citizens of the world's largest democracy make claims on the state, asking whether, how, and why they engage public officials in the pursuit of social welfare. Drawing on extensive fieldwork in rural India, Kruks-Wisner demonstrates that claim-making is possible in settings (poor and remote) and among people (the lower classes and castes) where much democratic theory would be unlikely to predict it. Examining the conditions that foster and inhibit citizen action, she finds that greater social and spatial exposure - made possible when individuals traverse boundaries of caste, neighborhood, or village - builds citizens' political knowledge, expectations, and linkages to the state, and is associated with higher levels and broader repertoires of claim-making.
Book Synopsis Rethinking the Resource Curse by : Benjamin Smith
Download or read book Rethinking the Resource Curse written by Benjamin Smith and published by Cambridge University Press. This book was released on 2021-04-22 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element documents the diversity and dissensus of scholarship on the political resource curse, diagnoses its sources, and directs scholarly attention towards what the authors believe will be more fruitful avenues of future research. In the scholarship to date, there is substantial regional heterogeneity and substantial evidence denying the existence of a political resource curse. This dissensus is located in theory, measure, and research design, especially regarding measurement error and endogenous selection. The work then turns to strategies for reconnecting research on resource politics to the broader literature on democratic development. Finally, the results of the authors' own research is presented, showing that a set of historically contingent events in the Middle East and North Africa are at the root of what has been mistaken for a global political resource curse.
Book Synopsis Economic Interdependence and War by : Dale C. Copeland
Download or read book Economic Interdependence and War written by Dale C. Copeland and published by Princeton University Press. This book was released on 2014-11-02 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does growing economic interdependence among great powers increase or decrease the chance of conflict and war? Liberals argue that the benefits of trade give states an incentive to stay peaceful. Realists contend that trade compels states to struggle for vital raw materials and markets. Moving beyond the stale liberal-realist debate, Economic Interdependence and War lays out a dynamic theory of expectations that shows under what specific conditions interstate commerce will reduce or heighten the risk of conflict between nations. Taking a broad look at cases spanning two centuries, from the Napoleonic and Crimean wars to the more recent Cold War crises, Dale Copeland demonstrates that when leaders have positive expectations of the future trade environment, they want to remain at peace in order to secure the economic benefits that enhance long-term power. When, however, these expectations turn negative, leaders are likely to fear a loss of access to raw materials and markets, giving them more incentive to initiate crises to protect their commercial interests. The theory of trade expectations holds important implications for the understanding of Sino-American relations since 1985 and for the direction these relations will likely take over the next two decades. Economic Interdependence and War offers sweeping new insights into historical and contemporary global politics and the actual nature of democratic versus economic peace.
Download or read book Trading Spaces written by Sonal S. Pandya and published by Cambridge University Press. This book was released on 2014 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign direct investment (FDI), the investments that firms make to produce goods in foreign countries, is integral to global economic integration. However, we lack explanations for why and how countries set policies governing these investments. This book examines why countries dismantled FDI restrictions over the period 1970-2000. It features statistical analyses of the most comprehensive dataset of industry-level FDI regulations to date, covering more than one hundred countries. It also highlights the economic and political foundations of global economic integration and supplies the tools to understand the growing economic conflicts between advanced economics and large emerging markets such as China and India.
Book Synopsis The Selected Works of Gordon Tullock by : Gordon Tullock
Download or read book The Selected Works of Gordon Tullock written by Gordon Tullock and published by Selected Works of Gordon Tullo. This book was released on 2006-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past half-century Gordon Tullock continually advanced the frontiers of political economy, most particularly with respect to the workings of representative democracies and of autocracies. This ten-volume series, edited and arranged thematically, brings together Tullock's most significant contributions to economics, political science, public choice, sociology, law and economics, and bioeconomics. Scholars will undoubtedly find the extensive breadth and depth of Tullock's writings enriching. The general reader, as well as the student of politics, and all who love economic liberty, will find Tullock's prose lucid, readable, and sprinkled with wit. His forensic argument is penetrating, compelling, and clear, and his brilliant mind is surprisingly accessible to us all. The Selected Works of Gordon Tullock provides an entr e to the mind of a legend in the field of political economics. Professor Rowley gives a deliberately sparse contextual introduction to each volume, opting to allow the very able and eloquent Tullock to speak for himself. Gordon Tullock (1922-2014) was Professor Emeritus of Law at George Mason University, where he was Distinguished Research Fellow in the Center for Study of Public Choice and University Professor of Law and Economics. He also taught at the University of South Carolina, the University of Virginia, Rice University, Virginia Polytechnic Institute and State University, and the University of Arizona. In 1966 he founded the journal that became Public Choice and remained its editor until 1990. Charles K. Rowley (1939-2013) was Duncan Black Professor of Economics, a Senior Fellow of the James M. Buchanan Center for Political Economy at George Mason University, and the General Director of the Locke Institute.
Book Synopsis James M. Buchanan and Liberal Political Economy by : Richard E. Wagner
Download or read book James M. Buchanan and Liberal Political Economy written by Richard E. Wagner and published by Lexington Books. This book was released on 2017-05-23 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: James M. Buchanan and Liberal Political Economy: A Rational Reconstruction examines the contemporary meaning and significance of James M. Buchanan’s body of work. The book uses Buchanan’s past contributions to explore the present and future relevance of his scholarly contributions and insights. It seeks mainly to explain what insight for their work contemporary scholars might acquire by becoming familiar with some of Buchanan’s formulations. Buchanan was one of the most creative and prolific scholars of political economy during the post-war period. Not only was his body of work so immense that it could not be contained within 20 volumes of Collected Works, but also Buchanan’s scholarship made such strong contact with law, ethics, and political science that he could easily have served as a poster-child for the programs in Politics, Philosophy, and Economics which have been gaining momentum in recent years. Buchanan spoke for a style of economics that made wide and firm contact with the full range of the humane studies. This book emphasizes those features of Buchanan’s thought that seem relevant for contemporary scholarship within the broadly liberal tradition of political economy.
Book Synopsis Virginia Political Economy by : Gordon Tullock
Download or read book Virginia Political Economy written by Gordon Tullock and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Editor Charles Rowley calls Gordon Tullock "an economist by nature rather than by training." Tullock attended a one-semester course in economics for law students at the University of Chicago but is otherwise self-taught. Tullock's background has enabled him to analyze economic problems with an open mind and to deploy his formidable intellect in a truly entrepreneurial manner. Virginia Political Economy is the inaugural volume in Liberty Fund's The Selected Works of Gordon Tullock. The series consists of ten volumes of selections from the major monographs and scholarly papers published by Tullock between 1954 and 2002. The first volume contains a selection from Tullock's published academic papers and essays designed to introduce the series and to offer a representative picture of his work to allow scholars to evaluate in depth the relevance and intellectual impact of his contributions. The volume begins with the only two pieces in the Selected Works that were not written by Tullock himself. The first is the brief assessment of Tullock's contributions made by Mark Blaug in 1985 when explaining why he had included Tullock in his list of the one hundred great economists since John Maynard Keynes. The second is the short statement published in American Economic Review in September 1998, recognizing Tullock as a Distinguished Fellow of the American Economic Association. Gordon Tullock is Professor Emeritus of Law at George Mason University, where he was Distinguished Research Fellow in the Center for Study of Public Choice and University Professor of Law and Economics. He also taught at the University of South Carolina, the University of Virginia, Rice University, Virginia Polytechnic Institute and State University, and the University of Arizona. In 1966 he founded the journal that became Public Choice and remained its editor until 1990. Charles K. Rowley was Duncan Black Professor of Economics at George Mason University and a Senior Fellow of the James M. Buchanan Center for Political Economy at George Mason University. He was also General Director of the Locke Institute.
Download or read book Political Economy written by Barry Clark and published by Bloomsbury Publishing USA. This book was released on 2016-03-21 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This nontechnical book provides a comprehensive and interdisciplinary survey of political economy that can easily be understood by any reader with an introductory-level background in economics. As 21st-century political debate becomes polarized across ideological lines, students and citizens need to understand the underlying values on which contending arguments are based. The current political gridlock calls for a deeper appreciation of the competing perspectives in political economy. Now revamped for a third edition, Political Economy: A Comparative Approach supplies a truly interdisciplinary examination of the development and evolution of political economy from the Enlightenment onward, drawing material from the realms of political theory, sociology, philosophy, and history as well as from economics to present detailed comparisons of competing perspectives on a variety of current issues. The book begins with an introduction to political economy that provides readers with an overview of the historical development of the discipline, followed by in-depth analyses of four ideological perspectives in political economy—Classical Liberalism, Radicalism, Conservatism, and Modern Liberalism. The author then applies each of the four ideological perspectives to a range of contemporary issues, such as the role of government, economic instability, poverty, labor relations, discrimination, education, culture, the environment, and international trade. Readers will gain insight into the methods and practice of political economics as well as better understand the history of political/economic thought and the effects of historical processes—European industrialization, for example—on modern debates.
Download or read book Money and Markets written by Roger Koppl and published by Routledge. This book was released on 2006-09-27 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of top class contributors including James Buchanan, Gordon Tullock, David Colander, Deirdre McCloskey and Roger Garrison have been brought together to produce a festschrift in honor of the important and celebrated economist Leland Yeager.
Book Synopsis Politics as a Peculiar Business by : Richard E. Wagner
Download or read book Politics as a Peculiar Business written by Richard E. Wagner and published by Edward Elgar Publishing. This book was released on 2016-02-26 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists typically treat government as something outside the business realm, a sort of “Lord of the Manor”. Richard Wagner argues that this is the wrong approach and can ultimately be destructive to capitalism and to society. Modern governments are a peculiar form of business enterprise. They face the same problems as regular businesses, such as ascertaining demand and organizing production, and act within the system in a way that can lead to a parasitical relationship with the market. Largely rooted in political economy, this book develops new theoretical ideas and formulations to explain why democracy is a difficult form of government to maintain. The author explores how and why limited governments can morph into a system of destructive politics, and looks at ways to escape this process. This dynamic book will be useful for public choice scholars, economists, political scientists, and lawyers who are interested in political economy in its various guises.
