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This text investigates the intersection of macroeconomic policy and the public choice framework to determine how political incentives shape economic outcomes. Robert B. Ekelund Jr. and Robert D. Tollison utilize their extensive backgrounds in economics to challenge traditional models that treat government policy as exogenous. They argue that economic decisions are fundamentally influenced by the self-interest of political actors, thereby requiring a more nuanced understanding of the relationship between private matters and public governance.
What You Will Find
Experts recognize this work as a significant contribution to the integration of political science and economic theory. Readers frequently note the academic density of the prose, which serves as a rigorous resource for students and scholars of political economy.
Page Count:
448
Publication Date:
1997-01-01
Publisher:
Addison Wesley Longman, Inc.
ISBN-10:
0201696002
ISBN-13:
9780201696004
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