Post-Socialist Political Economy: Selected Essays

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9781858985343: Post-Socialist Political Economy: Selected Essays
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In 27 collected papers, 1986 Nobel Prize winner Buchanan (Advisory General Director, Center for Study of Public Choice; George Mason University, Virginia) assesses the evolving socio-political order in the post-revolutionary decade of the 1990s for both fiscal crisis-plagued Western welfare states and transitional economies. Warranting a close read by political scientists and economists, his thought is carved into the major divisions of: economics as a public science, post-revolutionary interpretations of economic theory (as in Socialism is dead but Leviathan lives on ), constitutional understanding of democracy, and federalism (both as an ideal and objective for reform). Annotation c. by Book News, Inc., Portland, Or.

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About the Author:

Advisory General Director, Center for Study of Public Choice and Harris University Professor of Economics, George Mason University, Virginia, US. Recipient of the 1986 Nobel Prize in Economic Sciences.

Review:

'...excellent collection of essays...Buchanan has written an important book that will spark debates over the direction of postcommunist transitions for years to come.' -- Beverly Crawford and Nick Biziouras, Slavic Review, Winter 1999

. . . this is a thought-provoking book written by one of the most eminent economists of our time on a subject that follows from some of the most momentous events of this century. . . . a book that pays reading. -- Vani Borooah, The Economic Journal

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