Readings in Political Economy [Paperback]

Introduction..

Part I: Roots.

1. Extracts from Leviathan (1651) (Thomas Hobbes).

2. Of the First Principles of Government (1758) (David Hume).

Part II: Institutions, Markets, and Political Power.

3. The Place of Institutions in the Economy: a Theoretical Perspective (1998) (Kenneth J. Arrow).

4. Transaction Cost Economics and Organization Theory (1996) (Oliver Williamson).

5. The Role of Institutions in the Revival of Trade: the Law Merchant, Private Judges, and the Champagne Fairs (1990)Paul R. Milgrom, Douglass C. North, and Barry R. Weingast).

6. Institutions and International Trade: Lessons from the Commercial Revolution (1992) (Avner Greif).

7. Implications from teh Disequilibrium of Majority Rule for the Study of Institutions (1980) (William H. Riker).

Part III: Alternative Conceptions of the State.

8. The Coase Theorem and the Theory of the State (1973) (James M. Buchanan).

9. Dictatorship, Democracy, and Development (1993) (Mancur Olson).

10. Will Free Trade with Political Science Put Normative Economists out of Work (1997) (Brendan O'Flaherty and Jagdish Bhagwati).

11. On Misunderstanding Government: an Analysis of the Art of Policy Advice (1997) (Kaushik Basu).

Part IV: Government and Agency.

12. Multitask Principal Agent Analyses: Incentive Contracts, Asset Ownership, and Job l£+