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Political Economics: Explaining Economic Policy - Zeuthen Lecture Book Series

by Guido Tabellini, Torsten Persson
Compare to estimated retail price: S$89.34  

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Political Economics: Explaining Economic Policy - Zeuthen Lecture Book Series
Political Economics: Explaining Economic Policy - Zeuthen Lecture Book Series

Unifying political economics with rational-choice theory.

If you're fascinated by the interplay between economics and politics, "Political Economics: Explaining Economic Policy" could provide you with a new perspective. Merging insights from macroeconomics, public choice, and political science, it offers a unique approach to understanding how policy decisions are made and how they affect you. This book might be especially appealing if you enjoy deep dives into the rationale behind fiscal and monetary policies within the political arena.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Political Economics: Explaining Economic Policy - Zeuthen Lecture Book Series

by Guido Tabellini, Torsten Persson
Compare to estimated retail price: S$89.34  

The item you've got your eye on is secondhand. You probably already know that, but just in case!

The estimated retail price shown next to any listed item represents the first-hand prices we've seen elsewhere, or the estimated original retail price of a comparable item of the same quality, construction and material offered elsewhere in new condition.

Condition guide

Book Condition Guide

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*Books may be missing bundle media (e.g. CD, e-book code), if included.

 

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ISBN: 9780262661317
Authors: Guido Tabellini, Torsten Persson
Publisher: The MIT Press
Date of Publication: 2002-02-07
Format: Paperback
Related Collections: Economics, Politics
Related Topics: Political Science, Finance, Sociology, Society, Government, Theory
Goodreads rating: 4.15
(rated by 39 readers)

Description

What determines the size and form of redistributive programs, the extent and type of public goods provision, the burden of taxation across alternative tax bases, the size of government deficits, and the stance of monetary policy during the course of business and electoral cycles? A large and rapidly growing literature in political economics attempts to answer these questions. But so far there is little consensus on the answers and disagreement on the appropriate mode of analysis. Combining the best of three separate traditions—the theory of macroeconomic policy, public choice, and rational choice in political science—Torsten Persson and Guido Tabellini suggest a unified approach to the field. As in modern macroeconomics, individual citizens behave rationally, their preferences over economic outcomes inducing preferences over policy. As in public choice, the delegation of policy decisions to elected representatives may give rise to agency problems between voters and politicians. And, as in rational choice, political institutions shape the procedures for setting policy and electing politicians. The authors outline a common method of analysis, establish several new results, and identify the main outstanding problems.
 

Unifying political economics with rational-choice theory.

If you're fascinated by the interplay between economics and politics, "Political Economics: Explaining Economic Policy" could provide you with a new perspective. Merging insights from macroeconomics, public choice, and political science, it offers a unique approach to understanding how policy decisions are made and how they affect you. This book might be especially appealing if you enjoy deep dives into the rationale behind fiscal and monetary policies within the political arena.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.