The Calculus of Consent and Constitutional Design


Book Description

Buchanan and Tullock’s seminal work, The Calculus of Consent, linked economic methodology to substantive questions in political science. Among the major contributions of their book is a connection between constitutional decision making and contractarianism, a philosophical tradition that proponents believe can give institutions legitimacy. In other words, a major contribution of their book is a clear connection between empirical decision making and normative principles. The current book formalizes and extends their foundational ideas as it attempts to show how economic and philosophical arguments about the "best" voting rules can be used to improve constitutional design. It informs debates about constitutional political economy in comparative politics, democratic theory, and public choice. Political scientists often ask questions about what causes a nation to seek a new constitution, how constitutions are made, and what factors allow for corrupt decision making. The Calculus of Consent and Constitutional Design bridges the gap between normative questions about which institutions are most efficient and fair and empirical questions about how constitutions are formed. This provides a benchmark to help create better constitutions and informs empirical research about what institutions are most likely to succeed. The book begins by showing how contractarian ideals can be used to justify choices about decision-making. It then carefully defines several concepts employed by Buchanan and Tullock and shows why the relationships between these concepts may not be as closely linked as Buchanan and Tullock first thought. This provides a backdrop for analyzing the three phases of constitutional decision-making: 1) the constitutional phase, where rules for constitutional decision making must be justified; 2) the legislative phase, where the optimal k-majority rule is analyzed; and 3) the electoral phase, where the optimal voting rule for large electorates and open alternatives are determined. These phases differ by context and sources of legitimacy. Computational models and analytic techniques are introduced in each of these chapters. Finally, the book concludes with statements about the significance of the research for the creation of constitutions more broadly.




The Calculus of Consent


Book Description

A scientific study of the political and economic factors influencing democratic decision making




Principles of Constitutional Design


Book Description

This book is written for anyone, anywhere sitting down to write a constitution. The book is designed to be educative for even those not engaged directly in constitutional design but who would like to come to a better understanding of the nature and problems of constitutionalism and its fundamental building blocks - especially popular sovereignty and the separation of powers. Rather than a 'how-to-do-it' book that explains what to do in the sense of where one should end up, it instead explains where to begin - how to go about thinking about constitutions and constitutional design before sitting down to write anything. Still, it is possible, using the detailed indexes found in the book, to determine the level of popular sovereignty one has designed into a proposed constitution and how to balance it with an approximate, appropriate level of separation of powers to enhance long-term stability.




The Reason of Rules


Book Description

In his foreword, Robert D Tollison identifies the main objective of Geoffrey Brennan and James M Buchanan's THE REASON OF RULES: "...a book-length attempt to focus the energies of economists and other social analysts on the nature and function of the rules under which ordinary political life and market life function." In persuasive style, Brennan and Buchanan argue that too often economists become mired in explaining the obvious or constructing elaborate mathematical models to shed light on trivial phenomena. Their solution: economics as a discipline would be better focused on deriving normative procedures for establishing rules so that ordinary economic life can proceed unaffected as much as possible by social issues. In THE REASON OF RULES, Brennan and Buchanan sketch out a methodological and analytical framework for the establishment of rules. They point out that the consideration of rules has its roots in classical economics and has been hinted at in the work of some contemporary economists. But the enterprise of applying the analytical rigor of modern economics to the establishment of effective rules is the little-traveled road that bears the most promise. In fact, the basic idea of the importance of rules is a thread that runs through virtually the whole of Buchanan's distinguished career, and it is one of his signal contributions to the contemporary discipline of economics. THE REASON OF RULES is an elaboration of the potential for rules and the normative process by which they can best be devised.




The Theory of Public Choice--II


Book Description

Discusses voting, tax policy, government regulation, redistribution of wealth, and international negotiation in a new approach to government




Public Choice, Past and Present


Book Description

In 1962, economists James M. Buchanan and Gordon Tullock published The Calculus of Consent, in which they developed the principles of public choice theory. In the fifty years since its publication, the book has defined the field and set the standard for research and analysis. To celebrate a half-century of scholarship in public choice, Dwight Lee has assembled distinguished academics from around the world to reflect on the influence of this monumental publication, and, more broadly, the legacy of its legendary authors. Their essays cover a broad spectrum of topics and approaches, from the impact of public choice theory on foreign policy analysis to personal remembrances of learning from and collaborating with Buchanan and Tullock. The result is a unique collection of insights that celebrate public choice and its visionary proponents, while considering its future directions. ​




The Collected Works of James M. Buchanan


Book Description

An index to the series "The Collected works of James M. Buchanan."




The Economics and the Ethics of Constitutional Order


Book Description

Nobel Laureate James Buchanan questions how people can live together in peace, prosperity, and justice




The Political Theory of a Compound Republic


Book Description

The Political Theory of a Compound Republic presents the essential logic of James Madison and Alexander Hamilton's design of limited, distributed, constitutional authority proposed inThe Federalist. Two revised and expanded ensuing chapters show how the idea of constitutional choice has been employed since the adoption of the 1789 Constitution of the United States. A new concluding chapter questions commonly accepted beliefs about sovereign nation-states and considers governance from the perspective of twenty-first century 'citizen-sovereigns.'




The Selected Works of Gordon Tullock


Book Description

During the past half-century Gordon Tullock continually advanced the frontiers of political economy, most particularly with respect to the workings of representative democracies and of autocracies. This ten-volume series, edited and arranged thematically, brings together Tullock's most significant contributions to economics, political science, public choice, sociology, law and economics, and bioeconomics. Scholars will undoubtedly find the extensive breadth and depth of Tullock's writings enriching. The general reader, as well as the student of politics, and all who love economic liberty, will find Tullock's prose lucid, readable, and sprinkled with wit. His forensic argument is penetrating, compelling, and clear, and his brilliant mind is surprisingly accessible to us all. The Selected Works of Gordon Tullock provides an entr e to the mind of a legend in the field of political economics. Professor Rowley gives a deliberately sparse contextual introduction to each volume, opting to allow the very able and eloquent Tullock to speak for himself. Gordon Tullock (1922-2014) was Professor Emeritus of Law at George Mason University, where he was Distinguished Research Fellow in the Center for Study of Public Choice and University Professor of Law and Economics. He also taught at the University of South Carolina, the University of Virginia, Rice University, Virginia Polytechnic Institute and State University, and the University of Arizona. In 1966 he founded the journal that became Public Choice and remained its editor until 1990. Charles K. Rowley (1939-2013) was Duncan Black Professor of Economics, a Senior Fellow of the James M. Buchanan Center for Political Economy at George Mason University, and the General Director of the Locke Institute.