Cost and Choice
Inquiry in Economic Theory
By (author) James M. Buchanan
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Cost and Choice by James M. Buchanan
Book Description"As he usually does, Professor Buchanan has produced an interesting and provocative piece of work. [ Cost and Choice ] starts off as an essay in the history of cost theory; the central ideas of the book are traced to Davenport and Knight in the United States, and to a series of distinguished writers associated at various times with the London School of Economics. The author emerges from this discussion with what can be described as the ultimate in subjectivist cost doctrines. . . . Economists should learn the lessons offered to us in this little book-and learn them well. It can save them from serious errors."-William J. Baumol, Journal of Economic Literature
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Book DetailsISBN: 9780226078182
(215mm x 140mm x 9mm)
Imprint: University of Chicago Press
Publisher: The University of Chicago Press
Publish Date: 1-Mar-1979
Country of Publication: United States
Books By Author James M. Buchanan
Fiscal Theory and Political Economy, Paperback (June 2014)
This important collection of eight interrelated essays fills a gap in English-language literature in public finance and fiscal theory. The author consistently emphasizes the central role of collective decision making in fiscal theories as well as the methodological setting in which positive proportions in fiscal theory must be developed.
Reason of Rules, Paperback (August 2008)
This book is about rules - what they are, how they work, and how they can be properly analysed.
Economics from the Outside in, Paperback (July 2007)
Nobel laureate in economics James Buchanan has been called - and indeed, calls himself - an outsider in American economics. This book provides a look at the humble origins and academic development of a recipient of the Nobel Prize, the intellectual underpinnings of a key American economic policy, and the role of the academician in the society.
Politics by Principle, Not Interest, Paperback (November 2006)» View all books by James M. Buchanan
This book focuses on the effects of applying a generality constraint on the political process.
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