You may have to Search all our reviewed books and magazines, click the sign up button below to create a free account.
This book looks beyond politics to show how the ability of the U.S. government to implement policies is strongly affected by various economic constraints. These include the credibility of the policies, the ability of government to commit to them, the extent to which firms and consumers rationally anticipate their effects, whether the success of a policy further encourages firms and individuals to behave in intended ways, and whether the behavior of such actors can be sustained without continued government intervention. The authors apply these concepts to four areas of policy: macroeconomic policies to promote employment and economic growth, redistributive policies to benefit the poor and the...
This seventh edition of the book offers extensive discussion of information, uncertainty, and game theory.
Conflict appears in many forms, from a dictator terrorizing his country to organized crime demanding protection money. Questions and issues addressed in this text include: the conditions which make conflict severe; whether voluntary agreements can avoid future conflict; how the outcome of one war will affect the incentives of countries to wage war in the future; and how dictators hold power. The book provides an overview of existing literature, applies the theory of conflict to new situations, and gives foundations for future work. It should interest both researchers and students studying political economy, public choice, international relations, and comparative politics.
Extreme polarization in American politics--and especially in the U.S. Congress--is perhaps the most confounding political phenomenon of our time. This book binds together polarization in Congress and polarization in the electorate within an ever-expanding feedback loop. This loop is powered by the discipline exerted by the respective political parties on their Congressional members and district candidates and endorsed by the voters in each Congressional district who must choose between the alternatives offered. These alternatives are just as extreme in competitive as in lop-sided districts. Tight national party discipline produces party delegations in Congress that are widely separated from ...
Aims to strike a balance between economic theory and applications while describing how economics can help in understanding market behaviour. As well as personal and financial decisions, other areas of behaviour in areas such as politics and crime are also linked to basic economics.
This book integrates the economics of aging and insight based on political economy and explores generational conflict in the context of governmental spending. This problem is general, as the Covid-19 pandemic has highlighted: lockdowns protect the elderly, but hurt the young. Policies to address global warming impose taxes on the elderly, but would bring benefits largely in the future. This book addresses intergenerational problems by placing its focus on budget allocation, taxation, and regulation. By using Japanese and US data, the authors conduct statistical analysis of whether regions with aging populations may adopt policies that generate benefits during a short period of time instead o...
Private-property anarchism, also known as anarchist libertarianism, individualist anarchism, and anarcho-capitalism, is a political philosophy and set of economic and legal arguments that maintains that, just as the markets and private institutions of civil society provide food, shelter, and other human needs, markets and contracts should provide law and that the rule of law itself can only be understood as a private institution.To the libertarian, the state and its police powers are not benign societal forces, but a system of conquest, authoritarianism, and occupation. But whereas limited government libertarians argue in favor of political constraints, anarchist libertarians argue that, to ...
Politics is at its most dramatic during debates over important pieces of legislation. It is thus no stretch to refer to legislation as a living, breathing force in American politics. And while debates over legislative measures begin before an item is enacted, they also endure long afterward, when the political legacy of a law becomes clear. Living Legislation provides fresh insights into contemporary American politics and public policy. Of particular interest to the contributors to this volume is the question of why some laws stand the test of time while others are eliminated, replaced, or significantly amended. Among the topics the essays discuss are how laws emerge from—and effect change within—coalition structures, the effectiveness of laws at mediating partisan conflicts, and the ways in which laws interact with broader shifts in the political environment. As an essential addition to the study of politics, Living Legislation enhances understanding of democracy, governance, and power.
In developing Legislative Term Limits, the editor has included material that has explicit and testable models about the expected consequences of term limits that reflect Public Choice perspectives. This book contains the best efforts of economists and political scientists to predict the consequences of legislative term limits.
This book analyzes the conflict between two rising powers - direct democracy and the courts. Many voter-approved initiatives are challenged in court after the election and many are invalidated. The resulting conflict between the people and the courts threatens to produce a popular backlash against judges and raises profound questions about the proper scope of popular sovereignty and judicial power in a constitutional system.