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Models of democratic decision-making tend to assume that voters have preferences, and that candidates conform to those preferences. In reality, voters adopt the policies of those political elites - they follow their leaders. Policies are designed by the elite and the masses have little influence over them.

Models of democratic decision-making tend to assume that voters have preferences, and that candidates conform to those preferences. In reality, voters adopt the policies of those political elites - they follow their leaders. Policies are designed by the elite and the masses have little influence over them.

There are two ways people coordinate their actions: through cooperation, exercised by economic power, and through control, exercised by political power. When economic and political power are held by the same people, the result is stagnation, when those who hold economic power are not the same people who hold political power, the result is progress. This book presents the ways in which economic power and political power can be separated, and ho...

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Keine Beschreibung.

There are two ways people coordinate their actions: through cooperation, exercised by economic power, and through control, exercised by political power. When economic and political power are held by the same people, the result is stagnation, when those who hold economic power are not the same people who hold political power, the result is progress. This book presents the ways in which economic power and political power can be separated, and ho...

Provides an account of the political history that transformed the fundamental principle of American government form liberty to democracy. And why that shift from the protection of liberty to democratic collectivism has serious and negative economic and political consequences.

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Explains why unequal political and economic power is perpetuated through the self-interested behavior of well-connected politicians and economic elites. Describes developments in political and economic policy that maintain these advantages and discusses ways in which public policy could be redirected back toward the public interest.

Explains why unequal political and economic power is perpetuated through the self-interested behavior of well-connected politicians and economic elites. Describes developments in political and economic policy that maintain these advantages and discusses ways in which public policy could be redirected back toward the public interest.

In the twentieth century, tax-exempt foundations have grown substantially, both in their financial importance and in the scope of their activities. This challenging book examines the economic, cultural and intellectual implications of tax-exempt organizations. How do various tax laws influence foundations and what types of ideas do foundations produce? How do the activities of foundations relate to the interests and intentions of their founder...

An analysis of American political history using the economic framework of public choice theory

Presenting an alternative methodology for measuring cyclical variability of revenues, this text uses this methodology to show that there is no way to restructure state tax systems in order to appreciably reduce the fiscal stress associated with recessions.

Economists use models in their analysis and research, as some small aspects of the world can be effectively represented in this way. This book explains the way in which models are used in economics, and makes specific methodological recommendations.

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Government is analysed as the product of exchange among individuals who differ in their bargaining power. This approach shows why individuals agree to political institutions that give their governments extensive power, and why even the most powerful government benefits from constitutional rules constraining the government's power. This foundation is used to examine a wide range of government activities, including its protection of rights, its ...

Advocates the use of the market mechanism rather than government planning to enhance the quality of life.

Housing policy not only aff ects all Americans' quality of life, but has a direct impact on their fi nancial well being