The Economic Foundations of Government
Description
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 military activities, and democratic political institutions.
Keywords
Business & EconomicsEconomicsTheoryPolitical ScienceHistory & Theory
1993Book
Author(s)Randall G. Holcombe
PublisherPalgrave Macmillan UK
ISBN9780333595558
LanguageEnglish
