Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
About this product
Product Identifiers
PublisherLiberty Fund, Incorporated
ISBN-100865972222
ISBN-139780865972223
eBay Product ID (ePID)882239
Product Key Features
Number of Pages220 Pages
LanguageEnglish
Publication NameDemand and Supply of Public Goods
SubjectPublic Finance, Economics / General
Publication Year1999
TypeTextbook
Subject AreaBusiness & Economics
AuthorJames M. Buchanan
SeriesThe Collected Works of James M. Buchanan Ser.
FormatTrade Paperback
Dimensions
Item Weight14.1 Oz
Item Length9 in
Item Width6 in
Additional Product Features
Intended AudienceCollege Audience
LCCN98-043536
TitleLeadingThe
Dewey Edition21
Grade FromTwelfth Grade
IllustratedYes
Volume NumberVol. 5
Dewey Decimal336
SynopsisPublic-goods theory constituted a major element in James M. Buchanan's research agenda throughout the 1960s. The Demand and Supply of Public Goods is a major part of that work. At the time that Buchanan was elaborating on his theories of public goods, the prevailing trend in public economics was the emergence of public-expenditure theory, which attempted to form a comprehensive theory of the state around the notion of market failure. The Demand and Supply of Public Goods established Buchanan's broad purpose of explicitly comparing market performance with political performance. As such, the book is an important part of Buchanan's contractarian theory of the "productive state." Conceived originally as a series of lectures given at Cambridge University in 1961 and 1962, The Demand and Supply of Public Goods is written for students, but is in no way a textbook of dry pedagogy. Instead, as Geoffrey Brennan writes in the foreword, "What Buchanan provides here is a clear statement of the contractarian approach to public goods problems, very much in the 'voluntary exchange' tradition of Wicksell and Lindhal." James M. Buchanan (1919-2013) was an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and was considered one of the greatest scholars of liberty in the twentieth century.