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An Economic Theory of Democracy

Author : Anthony Downs
Publisher : New York : Harper
Page : 330 pages
File Size : 38,24 MB
Release : 1957
Category : Business & Economics
ISBN :

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This book seeks to elucidate its subject-the governing of democratic state-by making intelligible the party politics of democracies. Downs treats this differently than do other students of politics. His explanations are systematically related to, and deducible from, precisely stated assumptions about the motivations that attend the decisions of voters and parties and the environment in which they act. He is consciously concerned with the economy in explanation, that is, with attempting to account for phenomena in terms of a very limited number of facts and postulates. He is concerned also with the central features of party politics in any democratic state, not with that in the United States or any other single country.

Information, Participation, and Choice

Author : Bernard Grofman
Publisher : University of Michigan Press
Page : 298 pages
File Size : 36,73 MB
Release : 1993
Category : Business & Economics
ISBN : 9780472083435

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A review of the consequences for political science of Anthony Downs's seminal work.

A Preface to Democratic Theory

Author : Robert A. Dahl
Publisher : University of Chicago Press
Page : 168 pages
File Size : 35,21 MB
Release : 1956
Category : Political Science
ISBN : 9780226134260

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Robert Dahl's Preface helped launch democratic theory fifty years ago as a new area of study in political science, and it remains the standard introduction to the field. Exploring problems that had been left unsolved by traditional thought on democracy, Dahl here examines two influential models--the Madisonian, which represents prevailing American doctrine, and its recurring challenger, populist theory--arguing that they do not accurately portray how modern democracies operate. He then constructs a model more consistent with how contemporary democracies actually function, and, in doing so, develops some original views of popular sovereignty and the American constitutional system.

Democracy, Governance, and Economic Performance

Author : Yi Feng
Publisher : MIT Press
Page : 408 pages
File Size : 42,93 MB
Release : 2003
Category : Business & Economics
ISBN : 9780262562119

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A theoretical and empirical examination of why political institutions and organizations matter in economic growth.

Economic Origins of Dictatorship and Democracy

Author : Daron Acemoglu
Publisher : Cambridge University Press
Page : 444 pages
File Size : 33,31 MB
Release : 2006
Category : Business & Economics
ISBN : 9780521855266

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This book develops a framework for analyzing the creation and consolidation of democracy. Different social groups prefer different political institutions because of the way they allocate political power and resources. Thus democracy is preferred by the majority of citizens, but opposed by elites. Dictatorship nevertheless is not stable when citizens can threaten social disorder and revolution. In response, when the costs of repression are sufficiently high and promises of concessions are not credible, elites may be forced to create democracy. By democratizing, elites credibly transfer political power to the citizens, ensuring social stability. Democracy consolidates when elites do not have strong incentive to overthrow it. These processes depend on (1) the strength of civil society, (2) the structure of political institutions, (3) the nature of political and economic crises, (4) the level of economic inequality, (5) the structure of the economy, and (6) the form and extent of globalization.

Behavioral Political Economy and Democratic Theory

Author : Petr Špecián
Publisher : Taylor & Francis
Page : 181 pages
File Size : 39,35 MB
Release : 2022-06-08
Category : Business & Economics
ISBN : 1000598543

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Drawing on current debates at the frontiers of economics, psychology, and political philosophy, this book explores the challenges that arise for liberal democracies from a confrontation between modern technologies and the bounds of human rationality. With the ongoing transition of democracy’s underlying information economy into the digital space, threats of disinformation and runaway political polarization have been gaining prominence. Employing the economic approach informed by behavioral sciences’ findings, the book’s chief concern is how these challenges can be addressed while preserving a commitment to democratic values and maximizing the epistemic benefits of democratic decision-making. The book has two key strands: it provides a systematic argument for building a behaviorally informed theory of democracy; and it examines how scientific knowledge on quirks and bounds of human rationality can inform the design of resilient democratic institutions. Drawing these together, the book explores the centrality of the rationality assumption in the methodological debates surrounding behavioral sciences as exemplified by the dispute between neoclassical and behavioral economics; the role of (ir)rationality in democratic social choice; behaviorally informed paternalism as a response to the challenge of irrationality; and non-paternalistic avenues to increase the resilience of the democratic institutions toward political irrationality. This book is invaluable reading for anyone interested in behavioral economics and sciences, political philosophy, and the future of democracy.

Using Surveys to Value Public Goods

Author : Robert Cameron Mitchell
Publisher : Resources for the Future
Page : 496 pages
File Size : 16,66 MB
Release : 1989
Category : Business & Economics
ISBN : 9780915707324

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Provides decision makers, policy analysts, and social scientists, with a detailed discussion of a new techniques for the valuation of goods not traded in prevate markets.

On the Economic Theory of Socialism

Author : Oskar Lange
Publisher :
Page : 158 pages
File Size : 36,61 MB
Release : 1938
Category : Business & Economics
ISBN :

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On the Economic Theory of Socialism was first published in 1938. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.Is socialism workable on economic grounds? "No," say the chief European critics of socialism - von Mises, Robbins, and von Hayek. "Yes," say Lange and Taylor in these two papers - the first refutation in English of the objections of these economists.There has been consistent demand for this book since it went out of print in 1944. This reprint is in response to that demand.

The Political Theory of Conservative Economists

Author : Conrad P. Waligorski
Publisher : University Press of Kansas
Page : 270 pages
File Size : 22,8 MB
Release : 2021-10-08
Category : Political Science
ISBN : 0700631763

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It’s difficult to overstate the impact of conservative economics on American life. The conservative thought of economists like Milton Friedman, James Buchanan, and Friedrick Hayek has provided the conceptual framework that undergirds nearly every aspect of current U.S. social-economic policy. Although a great deal has been written about the economic theories of these Nobel Pirze-winning economists, this study is the first to examine the political theory that underlies conservative economics and its implications for public policy. Long associated with the “Chicago” and “public choice” schools of thought, Friedman, Buchanan, Hayek, and others have consistently repudiated Keynesian principles. They have steadfastly opposed social welfare policies and regulation of private enterprise, championing instead the free market as a mechanism for ordering society. In this book Conrad Waligorski analyzes the political content of the conservative economists’ arguments. In so doing, he illuminates the political, economic, and philosophical ideas behind and justification for the laissez-faire policy—the reduced regulation, intervention, and welfare favored by conservative governments in the United States, Canada, and Britain.

Governing the Market

Author : Robert Wade
Publisher : Princeton University Press
Page : 500 pages
File Size : 28,22 MB
Release : 2004
Category : Business & Economics
ISBN : 9780691117294

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"George Clooney and Mark Wahlberg lead a talented cast in this harrowing special-effects adventure intercutting the plight of seafarers struggling to reach safe harbor with the heroics of air/sea rescue crews"--Container.