The Calculus of Consent: Logical Foundations of Constitutional Democracy
A Philosophy, Politics, Nonfiction book. A very difficult read. Once they get through the introduction, the theory presented becomes very dense and...
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- Filetype: PDF
- Pages: 384 pages
- ISBN: 9780472061006 / 472061003
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The Calculus of Consent: Logical Foundations of Constitutional Democracy (Ann Arbor Paperbacks) by James M. Buchanan (1962) I really enjoyed Buchanan and Tullock's original (at the time) insight on public choice theory. They were among the founders of the theory and introduced the concept of government failure (as opposed to market failure). I tend to agree with their methodological individualism approach and their rejection of an organic, benevolent State... A very difficult read. Once they get through the introduction, the theory presented becomes very dense and hard to take in all at once. Read in small doses so that you have time to understand what is being said.