Bøker av James M. Buchanan

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.

Studies of public finance, as traditionally developed, have analysed the effects of fiscal institutions on the market-choice behaviour of individuals and firms, but this book takes a different approach. It analyses the effects of fiscal institutions on the political-choice behaviour of individuals as they participate variously in the decision-making processes of democracies.