Product Description: 'In these creative and imaginative essays, James M. Buchanan and Yong J. Yoon explore new analytical territory by explaining how democratic politics can generate economic disorder. While some of these themes are present throughout Buchanan's scholarly oeuvre, these essays break new analytical ground by examining the ability of democratic processes to promote destructive outcomes in the absence of appropriate constitutional restraints on democratic action...read more

Product Description: Makes available important articles on increasing returns as related to the size of the economy