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Cover Toward a Political Economy of the Commons
Toward a Political Economy of the Commons
Simple Rules for Sustainability
Since Garrett Hardin published The Tragedy of the Commons in 1968, critics have argued that population growth and capitalism contribute to overuse of natural resources and degradation of the global environment. They propose coercive, state-centric solutions. This book offers an alternative view. Employing insights from new institutional economics, the authors argue that property rights, competitive markets, polycentric political institutions, and social institutions such as trust, patience and individualism enable society to conserve natural resources and mitigate harms to the global environment.
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Monograph Book
Publication Date:
14 Jan 2022
DOI:
https://doi.org/10.4337/9781800374324
Collections:
Economics 2022
Cover An Economic Analysis of Public Law
An Economic Analysis of Public Law
Demos and Agora
This original and insightful book considers the ways in which public law, which emphasises legality (the Demos), and economics, a science oriented towards the markets (the Agora), intertwine. Throughout, George Dellis argues that the concepts of legality and efficiency should not be perceived separately.
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Monograph Book
Publication Date:
12 Mar 2021
DOI:
https://doi.org/10.4337/9781800375796
Collections:
Law 2021
Cover The Political Economy of Non-Territorial Exit
The Political Economy of Non-Territorial Exit
Cryptosecession
Territorial political organisation forms the backbone of western liberal democracies. However, political economists are increasingly aware of how this form of government neglects the preferences of citizens, resulting in dramatic conflicts. The Political Economy of Non-Territorial Exit explores the theoretical possibility of ‘unbundling’ government functions and decentralising territorial governance.
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Monograph Book
Publication Date:
28 Jun 2019
DOI:
https://doi.org/10.4337/9781788979382
Collections:
Economics 2019
Cover Trust, Social Capital and the Scandinavian Welfare State
Trust, Social Capital and the Scandinavian Welfare State
Explaining the Flight of the Bumblebee
Denmark exemplifies the puzzle of socio-economic success in Scandinavia. Populations are thriving despite the world’s highest levels of tax and generous social benefits. Denmark would appear to be a land of paradise for free-riders and those who want ‘money for nothing’. However, the national personality is characterized both by cooperation in everyday life and the numerous ‘hard-riders’ who make extraordinary contributions. Applying Bourdieuconomics, the authors focus on contemporary case studies to explain how social capital and trust are used to counteract free-riding and enable the flight of the Scandinavian welfare state ‘bumblebee’.
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Monograph Book
Publication Date:
26 Feb 2016
DOI:
https://doi.org/10.4337/9781785365584
Collections:
Social and Political Science 2016
Cover The Politics of Persuasion
The Politics of Persuasion
Should Lobbying be Regulated in the EU?
The EU is at a crossroads. Should it choose the path towards protectionism or the path towards free trade? This book convincingly argues that lobbying regulation will be a decisive first step towards fulfilling the European dream of free trade, in accordance with the original purpose of the Treaty of Rome. Without the regulation of lobbyists to try and prevent undue political persuasion, there is a greater risk of abuse in the form of corruption, subsidies and trade barriers, which will come at the expense of consumers, tax payers and competitiveness.
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Monograph Book
Publication Date:
29 Jan 2016
DOI:
https://doi.org/10.4337/9781782546702
Collections:
Social and Political Science 2016
Cover The Political Economy of Aerospace Industries
The Political Economy of Aerospace Industries
A Key Driver of Growth and International Competitiveness?
The Political Economy of Aerospace Industries will appeal to undergraduate and graduate students in industrial and defence economics, public choice and policy courses. It will also be of interest to researchers, policy-makers and those involved in the industry in various different capacities.
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Monograph Book
Publication Date:
28 Nov 2014
DOI:
https://doi.org/10.4337/9781782544968
Collections:
Economics 2014
Cover Economists and the State
Economists and the State
What Went Wrong
Adam Smith is widely regarded as the ‘founder of modern economics’. The author shows, however, that Smith’s procedurally based, consequence-detached political economy, an approach shared by America’s Founders, finds no expression in the economist’s utilitarian, procedurally-detached theory of the state. This ‘wrong turn’ has meant that, if economists are ill-equipped to address an expanding federal enterprise in which utilitarian considerations trump the Smithian/Madisonian idea that means and ends must be morally and constitutionally constrained, they are also ineffectual bystanders as growing institutional skepticism, demands for ‘social justice’ and metastasizing rights claims threaten our self-governing republic.
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Monograph Book
Publication Date:
30 May 2014
DOI:
https://doi.org/10.4337/9781781951934
Collections:
Economics 2014
Cover Constitutional Economics and Public Institutions
Constitutional Economics and Public Institutions
This extensive book explores in detail a wide range of topics within the public choice and constitutional political economy tradition, providing a comprehensive overview of current work across the field.
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Monograph Book
Publication Date:
31 May 2013
DOI:
https://doi.org/10.4337/9781781003978
Collections:
Economics 2013
Cover Deficits, Debt, and Democracy
Deficits, Debt, and Democracy
Wrestling with Tragedy on the Fiscal Commons
This timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of societal tectonics that play out through budgeting. The book demonstrates that while this clash is an inherent feature of democratic political economy, it can nonetheless be limited through embracing once again a constitution of liberty.
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Monograph Book
Publication Date:
29 Feb 2012
DOI:
https://doi.org/10.4337/9780857934604
Collections:
Economics 2012
Cover The Political Economy of Hurricane Katrina and Community Rebound
The Political Economy of Hurricane Katrina and Community Rebound
In 2005 Hurricane Katrina posed an unprecedented set of challenges to formal and informal systems of disaster response and recovery. Informed by the Virginia School of Political Economy, the contributors to this study critically examine the public policy environment that led to both successes and failures in the post-Katrina disaster response and long-term recovery. Building from this perspective, this book lends critical insight into the nature of the social coordination problems disasters present, the potential for public policy to play a positive role, and the inherent limitations policymakers face in overcoming the myriad challenges that are a product of catastrophic disaster.
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Monograph Book
Publication Date:
30 Sep 2010
DOI:
https://doi.org/10.4337/9781849806541
Collections:
Economics 2010 and before