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Item Details
Title: THE COST AND CHOICE
AN INQUIRY IN ECONOMIC THEORY
By: James M. Buchanan
Format: Paperback

List price: £10.95
Our price: £9.31
Discount:
15% off
You save: £1.64
ISBN 10: 0865972249
ISBN 13: 9780865972247
Availability: Usually dispatched within 1-3 weeks.
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Publisher: LIBERTY FUND INC
Pub. date: 1 January, 1999
Pages: 96
Synopsis: While relatively short, COST AND CHOICE, according to Hartmut Kliemt in the foreword, "holds quite a central place in Buchanan's work. For the fundamental economic notion of 'cost', or 'opportunity cost', is intimately related to the individualist and subjectivist perspective that is so essential to the Buchanan enterprise." To be sure, the Austrian school of economists enunciated similar views of cost decades before Buchanan, but Buchanan advances his theories by attempting to integrate his views into the orthodox classical and neoclassical framework. When he published the book in 1969, Buchanan hoped that other scholars would follow him in researching the opportunity-cost concept and its applications. Unlike the theatre of public policy, where Buchanan's work is widely celebrated and influential, his important work on the issue of cost and choice, so clearly explicated in this volume, has done little to move the mainstream of economic thinking in the thirty years since its original publication. It is hoped that this new edition of Buchanan's seminal work will place Buchanan's groundbreaking ideas in wider circulation.Buchanan writes in the preface, "My aim is to utilise the theory of opportunity cost to demonstrate basic methodological distinctions that are often overlooked and to show that a consistent usage of this theory clarifies important areas of disagreement on policy issues."
Illustrations: illustrations
Publication: US
Imprint: Liberty Fund Inc
Returns: Returnable
Some other items by this author:
CALCULUS OF CONSENT (HB)
CALCULUS OF CONSENT (PB)
CALCULUS OF CONSENT -- LOGICAL FOUNDATIONS OF CONSTITUTIONAL DEMOCRACY (PB)
COST AND CHOICE (PB)
DEMOCRACY IN DEFICIT (HB)
DIE GRENZEN DER FREIHEIT ZWISCHEN ANARCHIE UND LEVIATHAN
ECONOMICS (HB)
ECONOMICS FROM THE OUTSIDE IN (PB)
ETHICS AND ECONOMIC PROGRESS (HB)
ETHICS AND ECONOMIC PROGRESS (PB)
FISCAL RESPONSIBILITY IN CONSTITUTIONAL DEMOCRACY (PB)
FISCAL THEORY AND POLITICAL ECONOMY (PB)
FREEDOM AND REFORM (HB)
FREEDOM AND REFORM (PB)
INDEXES (HB)
INDIVIDUALISM AND POLITICAL DISORDER (HB)
LANDMARK PAPERS IN ECONOMICS, POLITICS AND LAW SELECTED BY JAMES M. BUCHANAN (HB)
LIBERTY, MARKET AND STATE (HB)
LOS LIMITES DE LA LIBERTAD
LSE ESSAYS ON COST
POLITICS BY PRINCIPLE, NOT INTEREST
POLITICS BY PRINCIPLE, NOT INTEREST (HB)
POLITICS BY PRINCIPLE, NOT INTEREST (PB)
POLITICS BY PRINCIPLE, NOT INTEREST (PB)
POLITICS BY PRINCIPLE, NOT INTEREST TOWARD NONDISCRIMINATORY DEMOCRACY (HB)
POST-SOCIALIST POLITICAL ECONOMY (HB)
PROPERTY AS A GUARANTOR OF LIBERTY (PB)
PUBLIC FINANCE AND PUBLIC CHOICE (HB)
PUBLIC FINANCE IN DEMOCRATIC PROCESS (PB)
REASON OF RULES (HB)
THE CALCULUS OF CONSENT - LOGICAL FOUNDTIONS OF CONSTITUTIONAL DEMOCRACY (HB)
THE CHOICE, CONTRACT, AND CONSTITUTIONS (HB)
THE CHOICE, CONTRACT, AND CONSTITUTIONS (PB)
THE COLLECTED WORKS OF JAMES M. BUCHANAN
THE COLLECTED WORKS OF JAMES M. BUCHANAN
THE COST AND CHOICE (HB)
THE DEBT AND TAXES (HB)
THE DEBT AND TAXES (PB)
THE DEMAND AND SUPPLY OF PUBLIC GOODS (HB)
THE DEMAND AND SUPPLY OF PUBLIC GOODS (PB)
THE DEMOCRACY IN DEFICIT (HB)
THE DEMOCRACY IN DEFICIT (PB)
THE ECONOMIC INQUIRY AND ITS LOGIC (HB)
THE ECONOMIC INQUIRY AND ITS LOGIC (PB)
THE ECONOMICS AND THE ETHICS OF CONSTITUTIONAL ORDER (HB)
THE EXTERNALITIES AND PUBLIC EXPENDITURE THEORY (HB)
THE EXTERNALITIES AND PUBLIC EXPENDITURE THEORY (PB)
THE FEDERALISM, LIBERTY, AND THE LAW (HB)
THE FEDERALISM, LIBERTY, AND THE LAW (PB)
THE IDEAS, PERSONS, AND EVENTS (HB)
THE IDEAS, PERSONS, AND EVENTS (PB)
THE INDEXES (PB)
THE LIMITS OF LIBERTY (HB)
THE LIMITS OF LIBERTY (PB)
THE LIMITS OF LIBERTY (PB)
THE LOGICAL FOUNDATIONS OF CONSTITUTIONAL LIBERTY (HB)
THE LOGICAL FOUNDATIONS OF CONSTITUTIONAL LIBERTY (PB)
THE MORAL SCIENCE AND MORAL ORDER (HB)
THE MORAL SCIENCE AND MORAL ORDER (PB)
THE POLITICS AS PUBLIC CHOICE (HB)
THE POLITICS AS PUBLIC CHOICE (PB)
THE POWER TO TAX (HB)
THE POWER TO TAX (HB)
THE POWER TO TAX (PB)
THE POWER TO TAX (PB)
THE PUBLIC FINANCE IN DEMOCRATIC PROCESS (HB)
THE PUBLIC FINANCE IN DEMOCRATIC PROCESS (PB)
THE PUBLIC PRINCIPLES OF PUBLIC DEBT (HB)
THE PUBLIC PRINCIPLES OF PUBLIC DEBT (PB)
THE REASON OF RULES
THE REASON OF RULES (HB)
THE REASON OF RULES (PB)
THE REASON OF RULES -- CONSITIUTIONAL POLITICAL ECONOMY (PB)
THE RETURN TO INCREASING RETURNS (HB)
THE THEORY OF PUBLIC CHOICE (PB)
WHAT SHOULD ECONOMISTS DO? (HB)
WHAT SHOULD ECONOMISTS DO? (PB)
WHY I, TOO, AM NOT A CONSERVATIVE
WHY I, TOO, AM NOT A CONSERVATIVE (HB)

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