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Readings in Political Economy Book

Readings in Political Economy
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  • Readings in Political Economy
  • Written by author Kaushik Basu
  • Published by Wiley, John & Sons, Incorporated, May 2002
  • Ranging from authoritative seminal pieces to striking contemporary papers, the readings in this volume explore the complex intersections between politics and economics from the perspectives of both disciplines.
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Acknowledgments
Introduction1
Pt. IRoots13
1Extracts from Leviathan (1651)15
2Of the First Principles of Government (1758)21
Pt. IIInstitutions, Markets, and Political Power25
3The Place of Institutions in the Economy: a Theoretical Perspective (1998)27
4Transaction Cost Economics and Organization Theory (1996)35
5The Role of Institutions in the Revival of Trade: the Law Merchant, Private Judges, and the Champagne Fairs (1990)68
6Institutions and International Trade: Lessons from the Commercial Revolution (1992)89
7Implications from the Disequilibrium of Majority Rule for the Study of Institutions (1980)96
Pt. IIIAlternative Conceptions of the State115
8The Coase Theorem and the Theory of the State (1973)117
9Dictatorship, Democracy, and Development (1993)130
10Will Free Trade with Political Science Put Normative Economists out of work? (1997)145
11On Misunderstanding Government: an Analysis of the Art of Policy Advice (1997)156
Pt. IVGovernment and Agency173
12Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design (1991)175
13The Internal Organization of Government (1994)202
14Power of Incentives in Private versus Public Organizations (1997), and extracts from The Making of Economic Policy (1996)229
Pt. VThe Political Process, Voting, and Public Choice243
15The Statics and Dynamics of Party Ideologies (1957)245
16Rationality and Social Choice (1995)264
17An Economic Model of Representative Democracy (1997)291
18Distributive Politics and Economic Growth (1994)314
19Is Inequality Harmful for Growth? (1994)335
20Social Norms and Economic Incentives in the Welfare State (1999)361
Index387


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