This book presents a critical assessment of the political and social order in the post-revolutionary decade of the 1990s in both the transitional economies and Western welfare states confronting fiscal crises. As we enter the new post-socialist century, James M. Buchanan argues that we need to think and act on the premise that the future is uncertain.James M. Buchanan examines the political economy of the post-socialist era, analysing the events of 1989-91 and some of their predicted consequences. In addition he reflects upon the influence of those revolutionary years and the reactions to the changes, as well as the role of economists in the new socio-political environment. The political economy of the post-socialist era will be determined by the forces of historical development, social and cultural evolution, directed political change and exogenous shocks. To a large extent, many of these forces cannot be planned for, except directed political change. This insightful new book will be welcomed by political economists, legal and political philosophers, political scientists and public choice economists.
| ISBN: | 9781858985343 |
| Publication date: | 9th October 1997 |
| Author: | James M Buchanan |
| Publisher: | Edward Elgar Publishing Ltd |
| Format: | Hardback |
| Pagination: | 296 pages |
| Genres: |
Political science and theory Political economy |
This book presents a critical assessment of the political and social order in the post-revolutionary decade of the 1990s in both the transitional economies and Western welfare states confronting fiscal crises. As we enter the new post-socialist century, James M. Buchanan argues that we need to think and act on the premise that the future is uncertain.James M. Buchanan examines the political economy of the post-socialist era, analysing the events of 1989-91 and some of their predicted consequences. In addition he reflects upon the influence of those revolutionary years and the reactions to the changes, as well as the role of economists in the new socio-political environment. The political economy of the post-socialist era will be determined by the forces of historical development, social and cultural evolution, directed political change and exogenous shocks. To a large extent, many of these forces cannot be planned for, except directed political change. This insightful new book will be welcomed by political economists, legal and political philosophers, political scientists and public choice economists.
post-socialist political economy features in the following genres: Political science and theory, Political economy
post-socialist political economy is available in Hardback
post-socialist political economy was written by James M Buchanan and published by Edward Elgar Publishing Ltd
post-socialist political economy has 296 pages