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On the Trail of Homo Economicus

On the Trail of Homo Economicus PDF Author: Gordon Brady
Publisher: Univ Publ Assn
ISBN: 1461723760
Category : Business & Economics
Languages : en
Pages : 257

Book Description
This collection of previously unpublished expository writings by Gordon Tullock on themes ranging from game theory, externalities, public choice, rent-seeking, law and economics, and economic progress is representative of the breadth of Tullock's career. As co-founder of Public Choice, Tullock has been a major contributor to our understanding of the logic of collective choice and the politics of collective action. Tullock's insights have helped establish the unambiguous message that political, social, and economic institutions affect individual behavior whether in economics or political markets. Tullock's hypotheses, proposed laws, and paradoxes have shaped the development of public choice, as well as charting new areas in law, economics, and sociobiology. In sorting through Tullock's personal papers, the editors learned and here present the many dimensions of the man and the breadth of his interests. From the papers, we can piece together much of Tullock's personal history. For example, there are myths surrounding Gordon Tullock that can be laid to rest: his birthplace, the lack of a baccalaureate degree, the "one" course that marks his formal training in economics, and his career prior to his academic emergence in the mid-1950s.

On the Trail of Homo Economicus

On the Trail of Homo Economicus PDF Author: Gordon Brady
Publisher: Univ Publ Assn
ISBN: 1461723760
Category : Business & Economics
Languages : en
Pages : 257

Book Description
This collection of previously unpublished expository writings by Gordon Tullock on themes ranging from game theory, externalities, public choice, rent-seeking, law and economics, and economic progress is representative of the breadth of Tullock's career. As co-founder of Public Choice, Tullock has been a major contributor to our understanding of the logic of collective choice and the politics of collective action. Tullock's insights have helped establish the unambiguous message that political, social, and economic institutions affect individual behavior whether in economics or political markets. Tullock's hypotheses, proposed laws, and paradoxes have shaped the development of public choice, as well as charting new areas in law, economics, and sociobiology. In sorting through Tullock's personal papers, the editors learned and here present the many dimensions of the man and the breadth of his interests. From the papers, we can piece together much of Tullock's personal history. For example, there are myths surrounding Gordon Tullock that can be laid to rest: his birthplace, the lack of a baccalaureate degree, the "one" course that marks his formal training in economics, and his career prior to his academic emergence in the mid-1950s.

Homeschooling in America

Homeschooling in America PDF Author: Joseph Murphy
Publisher: Simon and Schuster
ISBN: 1628739347
Category : Education
Languages : en
Pages : 297

Book Description
This revealing and balanced portrait of homeschooling today provides a full history of the movement, demographic insights, and extensive research on how homeschooled children fare in the United States. Delving into a movement that impacts more students nationwide than the entire charter school movement, this book explores: • The history of homeschooling in America • How this movement has grown in credibility and enrollment exponentially • The current state of homeschooling, including questions about who gets homeschooled, why, and what is the success—academically and in life—of students who are homeschooled • The impact of homeschooling on the student and on American society In 2010, more than two million students were homeschooled. In the most extensive survey and analysis of research on homeschooling, spanning the birth of the movement in the 1970s to today, Homeschooling in America shines a light on one of the most important yet least understood social movements of the last forty years and explores what it means for education today.

Taxing Choice

Taxing Choice PDF Author: William Shughart II
Publisher: Routledge
ISBN: 1351291580
Category : Political Science
Languages : en
Pages : 647

Book Description
Taxing behavior deemed "politically incorrect" has long been a convenient way for politicians to fund programs benefiting special interest groups, to the public's disadvantage. Government policy toward various goods - drugs, tobacco and alcohol, for example - has been locked into a regulatory cycle of tax and taboo. Support for legalizing other substances is buttressed by the revenue-generating power of so-called "sin" taxesi And the products subjected to excise taxation have varied from soft drinks, fishing gear and margarine to airline tickets, telephone calls and gasoline. Taxing Choice thoroughly addresses the costs and benefits of these predatory public policies.Shughart notes that the record of such punitive selective taxation has been anything but successful, hindering economic progress and failing to deliver the promised social benefits. In addition, the costs of selective taxes fall disproportionately on lower-income people, while more politically powerful interest groups benefit. At the same time, such policies are a poor way to raise funding for public services, and foster political corruption and self-serving bureaucracies accountable to no one. Indeed, policies discriminating against certain products may represent ominous trends easily extended into virtually every facet of people's lives. One can envision policies proscribing foods, sun bathing, obesity, and even books, films, and political and religious beliefs deemed "dangerous."Part I is devoted to the political economy of selective taxation. Contributors trace the history and politics of selective excise taxes in the United States, discussing the range of products that have been subject to such taxation from the founding period to the present. Part II explains how these taxes emerge in a political marketplace with opposing pressure groups scrambling for wealth transfers in their own favor. Part III looks at taxes on specific products as well as such banning policies as Prohibition and the war on drugs. Constitutional, economic, and civil liberty issues, including civil asset forfeiture and product liability, are discussed in Part IV. With the accelerating national debate over tax reform and the downsizing of government, Taxing Choice is a timely and far-reaching contribution to a debate of great interest to economists, policymakers, historians, sociologists, and taxpayers in general.

Inspiring Economics

Inspiring Economics PDF Author: Bruno S. Frey
Publisher: Edward Elgar Publishing
ISBN: 1843767120
Category : Business & Economics
Languages : en
Pages : 246

Book Description
I highly recommend this book to all economists. It is well written, informative and a pleasure to read. The first chapter, in particular, "Inspiring, Dismal or Boring Economics?" should be made required reading for all graduate students in economics, and even more so for their professors, especially at leading universities in the United States. Yew-Kwang Ng, Journal of Economic Literature Instead of ignoring the challenge to rational behaviour posed by several anomalies in behaviour, or abandoning rationality in the face of this challenge, Bruno Frey s Inspiring Economics provides a valuable extension of rational behaviour to incorporate these anomalies. This is an exhilarating study that I strongly recommend to everyone, including those like myself, who believe that the importance of these anomalies are sometimes exaggerated. Gary S. Becker, Stanford University, US Bruno Frey is one of a number of modern economists who believe (as I do) that economics should be importing rather than exporting ideas from elsewhere in the social sciences. In these sparkling essays, he shows that rational choice theory is enriched and sometimes revised by taking account of non-monetary rewards and incentives. With Frey, economics once again becomes an inspiring behavioural science. Mark Blaug, University of London and University of Buckingham, UK Economics can be inspiring often taking a stand against convention, achieving challenging results, discussing unorthodox viewpoints and suggesting new policies. Bruno S. Frey illustrates what he perceives to be the inspirational quality of economics and how this differs from the type of economics studied in many academic institutions. He introduces insights into economics from a psychological perspective, dealing with issues such as transformation of anomalies, identification in democracy and crowding effects, and focuses on intrinsic motivation and how it is undermined. Inspiring Economics also looks at the integration of economics and politics, covering topics including popular initiatives and referenda, authoritarian nations and foreign aid, and the way in which the cost of war is reflected on the capital market. This groundbreaking empirical study of human motivation and behaviour will be a fascinating read for those interested in economics and economic theory.

40 Years of Research on Rent Seeking 2

40 Years of Research on Rent Seeking 2 PDF Author: Roger D. Congleton
Publisher: Springer Science & Business Media
ISBN: 9783540791850
Category : Business & Economics
Languages : en
Pages : 834

Book Description
The last survey of the rent-seeking literature took place more than a decade ago. Since that time a great deal of new research has been published in a wide variety of journals, covering a wide variety of topics. The scope of that research is such that very few researchers will be familiar with more than a small part of contemporary research, and very few libraries will be able to provide access to the full breadth of that research. This two-volume collection provides an extensive overview of 40 years of rent-seeking research. The volumes include the foundational papers, many of which have not been in print for two decades. They include recent game-theoretic analyses of rent-seeking contests and also appUcations of the rent-seeking concepts and methodology to economic regulation, international trade policy, economic history, poUtical com petition, and other social phenomena. The new collection is more than twice as large as any previous collection and both updates and extends the earUer surveys. Volume I contains previously pubhshed research on the theory of rent-seeking contests, which is an important strand of contemporary game theory. Volume II contains previously published research that uses the theory of rent-seeking to an alyze a broad range of public policy and social science topics. The editors spent more than a year assembling possible papers and, although the selections fill two large volumes, many more papers could have been included.

40 Years of Research on Rent Seeking 1

40 Years of Research on Rent Seeking 1 PDF Author: Roger D. Congleton
Publisher: Springer Science & Business Media
ISBN: 9783540791812
Category : Business & Economics
Languages : en
Pages : 720

Book Description
The last survey of the rent-seeking literature took place more than a decade ago. Since that time a great deal of new research has been published in a wide variety of journals, covering a wide variety of topics. The scope of that research is such that very few researchers will be familiar with more than a small part of contemporary research, and very few libraries will be able to provide access to the full breadth of that research. This two-volume collection provides an extensive overview of 40 years of rent-seeking research. The volumes include the foundational papers, many of which have not been in print for two decades. They include recent game-theoretic analyses of rent-seeking contests and also appHcations of the rent-seeking concepts and methodology to economic regulation, international trade policy, economic history, poUtical com petition, and other social phenomena. The new collection is more than twice as large as any previous collection and both updates and extends the earlier surveys. Volume I contains previously published research on the theory of rent-seeking contests, which is an important strand of contemporary game theory. Volume II contains previously pubHshed research that uses the theory of rent-seeking to an alyze a broad range of public policy and social science topics. The editors spent more than a year assembling possible papers and, although the selections fill two large volumes, many more papers could have been included.

Public Choice Essays in Honor of a Maverick Scholar: Gordon Tullock

Public Choice Essays in Honor of a Maverick Scholar: Gordon Tullock PDF Author: Price V. Fishback
Publisher: Springer Science & Business Media
ISBN: 1461545633
Category : Political Science
Languages : en
Pages : 260

Book Description
In May 1999, over 50 distinguished scholars from all over the world gathered to honor Gordon Tullock, one of the most prolific, original, and versatile scholars of his generation. Tullock is best known for his pioneering work in Public Choice, the study of how self-interested individuals interact with governments. Tullock's research in public choice has contributed to the understanding of the decisions made by elected officials and bureaucrats, as well as knowledge and how individuals and pressure groups both inside and outside the government seek to shape it. Public Choice Essays in Honor of a Maverick Scholar: Gordon Tullock includes contributions that were strongly influenced by Tullock's work. His influence on studies of governance is well illustrated by the nine papers in this volume. These papers and the discussion touch upon a broad array of aspects of public choice and of Tullock's research.

American Conservatism

American Conservatism PDF Author: Bruce Frohnen
Publisher: Open Road Media
ISBN: 1497651573
Category : History
Languages : en
Pages : 1355

Book Description
“A must-own title.” —National Review Online American Conservatism: An Encyclopedia is the first comprehensive reference volume to cover what is surely the most influential political and intellectual movement of the past half century. More than fifteen years in the making—and more than half a million words in length—this informative and entertaining encyclopedia contains substantive entries on those persons, events, organizations, and concepts of major importance to postwar American conservatism. Its contributors include iconic patriarchs of the conservative and libertarian movements, celebrated scholars, well-known authors, and influential movement activists and leaders. Ranging from “abortion” to “Zoll, Donald Atwell,” and written from viewpoints as various as those which have informed the postwar conservative movement itself, the encyclopedia’s more than 600 entries will orient readers of all kinds to the people and ideas that have given shape to contemporary American conservatism. This long-awaited volume is not to be missed.

Economics as an Evolutionary Science

Economics as an Evolutionary Science PDF Author: Anna Sachko Gandolfi
Publisher: Routledge
ISBN: 1351324632
Category : Business & Economics
Languages : en
Pages : 273

Book Description
Economics is traditionally taken to be the social science concerned with the production, consumption, exchange, and distribution of wealth and commodities. Economists carefully track the comings and goings of the human household, whether written small (microeconomics) or large (macroeconomics) and attempt to predict future patterns under different situations. However, in constructing their models of economic behavior, economists often lose sight of the actual characteristics and motivations of their human subjects. In consequence, they have found the goal of an explanatory and predictive science to be elusive. Economics as an Evolutionary Science reorients economics toward a more direct appreciation of human nature, with an emphasis on what we have learned from recent advances in evolutionary science. The authors integrate economics and evolution to produce a social science that is rigorous, internally coherent, testable, and consistent with the natural sciences. The authors suggest an expanded definition of "fitness," as in Darwin's survival of the fittest, emphasizing not only the importance of reproduction and the quality of offspring, but also the unique ability of humans to provide material wealth to their children. The book offers a coherent explanation for the recent decline in fertility, which is shown to be consistent with the evolutionary goal of maximizing genetic success. In addition, the authors demonstrate the relevance to economics of several core concepts derived from biologists, including the genetics of parent-offspring conflict, inclusive fitness theory, and the phenomena of R-selection and K-selection. The keystone of their presentation is a cogent critique of the traditional concept of "utility." As the authors demonstrate, the concept can be modified to reflect the fundamental evolutionary principle whereby living things-including human beings-have been selected to behave in a manner that maximizes their genetic representation in future generations. Despite the extraordinary interest in applying evolutionary biology to other disciplines, Economics as an Evolutionary Science marks the first major attempt at a synthesis of biology and economics. Scholarly yet accessible, this volume offers unique and original perspectives on an entire discipline.

Public Choice

Public Choice PDF Author: Fouad Sabry
Publisher: One Billion Knowledgeable
ISBN:
Category : Business & Economics
Languages : en
Pages : 250

Book Description
What is Public Choice "the use of economic tools to deal with traditional problems of political science" is what is meant by the term "public choice," additionally known as "public choice theory." An examination of political behavior is included in its scope of coverage. Within the realm of political science, the subfield of positive political theory is responsible for the investigation of self-interested agents and the interactions between them. These interactions can be represented in a variety of ways, including the utilization of game theory, decision theory, or standard limited utility maximization. Additionally, it serves as the intellectual basis for the work that is being done in the field of political economy today. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Public choice Chapter 2: Logrolling Chapter 3: Rational choice theory Chapter 4: Political economy Chapter 5: James M. Buchanan Chapter 6: The Calculus of Consent Chapter 7: Gordon Tullock Chapter 8: Government failure Chapter 9: Philosophy and economics Chapter 10: Economic methodology Chapter 11: Social Choice and Individual Values Chapter 12: Virginia school of political economy Chapter 13: Robert Tollison Chapter 14: The Myth of the Rational Voter Chapter 15: Public economics Chapter 16: Rational irrationality Chapter 17: Vincent Ostrom Chapter 18: Constitutional economics Chapter 19: Altruism theory of voting Chapter 20: Benefit principle Chapter 21: Efficient Voter Rule (II) Answering the public top questions about public choice. (III) Real world examples for the usage of public choice in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Public Choice.