{"product_id":"the-demand-and-supply-of-public-goods-hardcover","title":"The Demand and Supply of Public Goods - Hardcover","description":"\u003cp\u003eby \u003cb\u003eJames M. Buchanan\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePublic-goods theory constituted a major element in James M. Buchanan's research agenda throughout the 1960s. \u003cstrong\u003e\u003cem\u003eThe Demand and Supply of Public Goods\u003c\/em\u003e\u003c\/strong\u003e is a major part of that work.\u003c\/p\u003e \u003cp\u003eAt the time that Buchanan was elaborating on his theories of public goods, the prevailing trend in public economics was the emergence of public-expenditure theory, which attempted to form a comprehensive theory of the state around the notion of market failure.\u003c\/p\u003e \u003cp\u003e\u003cem\u003eThe Demand and Supply of Public Goods\u003c\/em\u003e established Buchanan's broad purpose of explicitly comparing market performance with political performance. As such, the book is an important part of Buchanan's contractarian theory of the \"productive state.\"\u003c\/p\u003e \u003cp\u003eConceived originally as a series of lectures given at Cambridge University in 1961 and 1962, \u003cem\u003eThe Demand and Supply of Public Goods\u003c\/em\u003e is written for students, but is in no way a textbook of dry pedagogy. Instead, as Geoffrey Brennan writes in the foreword, \"What Buchanan provides here is a clear statement of the contractarian approach to public goods problems, very much in the 'voluntary exchange' tradition of Wicksell and Lindhal.\"\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eJames M. Buchanan\u003c\/strong\u003e (1919-2013) was an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and was considered one of the greatest scholars of liberty in the twentieth century.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 217\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.8 x 9.3 x 6.2 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e October 01, 1999\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51758111981856,"sku":"9780865972216","price":30.24,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/0074c2a21730851b15bae93752285ece_4890b3cf-1fc2-4c4f-aa67-e6b85edf60e2.webp?v=1780118334","url":"https:\/\/ebocreations.com\/products\/the-demand-and-supply-of-public-goods-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}