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The Economic Foundations of Government

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The Economic Foundations of Government Synopsis

Government is analysed as the product of exchange among individuals who differ in their bargaining power. This approach shows why individuals agree to political institutions that give their governments extensive power, and why even the most powerful government benefits from constitutional rules constraining the government's power. This foundation is used to examine a wide range of government activities, including its protection of rights, its military activities, and democratic political institutions.

About This Edition

ISBN: 9780333595558
Publication date:
Author: Randall G Holcombe
Publisher: Palgrave Macmillan an imprint of Palgrave Macmillan UK
Format: Hardback
Pagination: 273 pages
Genres: Economic theory and philosophy
Political science and theory