Public Choice Theory

Property rights formalize the relationship between individuals and goods. They form the cornerstone of the pricing, supply and efficient allocation of scarce resources between individuals. The Economic Foundations of Property Rights is a...

In this major book an internationally acclaimed group of scholars examines theoretical and applied topics of particular relevance to public choice analysis.

The Marquis de Condorcet (1743–94) was a founding father of social science. He believed that what he called the moral sciences could be studied by the same exacting methods as the natural sciences, and he developed many of the tools for...

Property rights lie at the heart of the economic success of any economy and the extent to which its citizens enjoy economic freedom. At a time when Eastern Europe is breaking free from the yoke of collectivist–socialist ideas, this book...