Product Description: Some time ago one of the editors (Gordon Tullock) stumbled on a paradox in the competition for rents. He asked a previous research assistant (William Hunter) to work out some examples and gave a seminar on it. For reasons he cannot recall (but probably bad) he titled his talk `Efficient Rent Seeking'...read more

While income redistribution is one of the most important functions of modern governments, the world has changed greatly since this first edition of Economics of Income Redistribution was published in 1983. Pension systems and medical programs are in a state of crisis in many parts of the world and the general political mood is shifting away from income redistribution. Economics of Income Redistribution (2nd edition) brings this work up to date by discussing the economic and political aspects of income redistribution. It examines the classical moral objective of redistribution to assist the poor, as well as income transfer for pensions, education and intra-family gift giving.

Product Description: My first serious thought about a scientific approach to politics was in Communist China. When the Communists seized China, the American Department of State, which was planning to recognize them, left its entire diplomatic establishment in place...read more

Product Description: The New World of Economics, 6th edition, by Richard McKenzie and Gordon Tullock, represents a revival of a classic text that, when it was first published, changed substantially the way economics would be taught at the introductory and advanced levels of economics for all time...read more

Product Description: Gordon Tullock, eminent political economist and one of the founders of public choice, offers this new and fascinating look at how governments and externalities are linked. Economists frequently justify government as dealing with externalities, defined as benefits or costs that are generated as the result of an economic activity, but that do not accrue directly to those involved in the activity...read more

Product Description: American foreign policy is a dynamic and often controversial field, and is currently a topic of deep interest given recent developments in the Middle East, North Korea and China. In order to understand where US foreign policy is headed, it is important to first examine where it came from...read more

Product Description: During the past half-century Gordon Tullock has continually advanced the frontiers of political economy, most particularly with respect to the workings of representative democracies and autocracies. As his reputation grows, Liberty Fund announces a ten-volume collection, The Selected Works of Gordon Tullock...read more

Product Description: Gordon Tullock delights in deploying rational-choice analysis effectively to areas widely considered to be outside the domain of economics. This volume illustrates the strength of this endeavor by reproducing the very best chapters from his controversial textbook The New World of Economics...read more

Product Description: The Social Dilemma reflects Tullock’s contributions to areas of public choice that typically are ignored by mainstream scholars, who tend to focus on cooperative, democratic states. Tullock explores instead the workings of the dictatorial state and the economics of war between nations...read more

Product Description: The role of the democratic state in the redistribution of wealth is the topic of this readable and lively examination of an often controversial issue. Using public choice and rent-seeking analysis as a basis, Tullock discusses the role of the democratic state in the redistribution of wealth...read more

Product Description: The Economics of Politics is the fourth volume in Liberty Fund’s The Selected Works of Gordon Tullock. This volume includes some of Gordon Tullock’s most noteworthy contributions to the theory and application of public choice, which is a relatively new science that links economics and political action...read more

The Calculus of Consent, the second volume of Liberty Fund s The Selected Works of Gordon Tullock, is a reprint edition of the ground-breaking economic classic written by two of the world s preeminent economists--Gordon Tullock and Nobel Laureate James M. Buchanan. This book is a unique blend of economics and political science that helped create significant new subfields in each discipline respectively, namely, the public choice school and constitutional political economy. Charles K. Rowley, Duncan Black Professor of Economics at George Mason University, points out in his introduction, “The Calculus of Consent is, by a wide margin, the most widely cited publication of each coauthor and, by general agreement, their most important scientific contribution. The Calculus of Consent is divided into four parts, each consisting of several chapters. The introduction by Professor Rowley provides a short overview of the book and identifies key insights that permeated the bounds of economics and political science and created an enduring nexus between the two sciences. Part I of The Calculus of Consent establishes the conceptual framework of the book s subject; part II defines the realm of social choice; part III applies the logic developed in part II to describe a range of decision-making rules, most notably, the rule of simple majority; while part IV explores the economics and ethics of democracy. Charles K. Rowley is Duncan Black Professor of Economics at George Mason University and a Senior Fellow of the James M. Buchanan Center for Political Economy at George Mason University. He is also General Director of the Locke Institute. The entire series includes: Volume 1: Virginia Political Economy Volume 2: The Calculus of Consent Volume 3: The Organization of Inquiry (November 2004) Volume 4: The Economics of Politics (February 2005) Volume 5: The Rent-Seeking Society (March 2005) Volume 6: Bureaucracy (June 2005) Volume 7: The Economics and Politics of Wealth Redistribution (July 2005) Volume 8: The Social Dilemma: Of Autocracy, Revolution, Coup d'Etat, and War (December 2005) Volume 9: Law and Economics (December 2005) Volume 10: Economics without Frontiers (January 2006)

Product Description: Editor Charles Rowley calls Gordon Tullock "an economist by nature rather than by training." Tullock attended a one-semester course in economics for law students at the University of Chicago but is otherwise self-taught. Tullock's background has enabled him to analyze economic problems with an open mind and to deploy his formidable intellect in a truly entrepreneurial manner...read more

Product Description: This book provides a much-needed introduction to public choice thought and public policy by three acknowledged leaders in the field.

Product Description: Some time ago one of the editors (Gordon Tullock) stumbled on a paradox in the competition for rents. He asked a previous research assistant (William Hunter) to work out some examples and gave a seminar on it. For reasons he cannot recall (but probably bad) he titled his talk `Efficient Rent Seeking'...read more (view table of contents, read Amazon.com's description)