Advanced Introduction to Public Choice (Elgar Advanced Introductions series)

`In this slim volume, Randall Holcombe takes the reader masterfully on an informative journey through the main regions of public choice theory. Among the topics this fine volume covers are voting theory, presidential vs. parliamentary systems, interest groups, bureaucracy, political entrepreneurship, and constitutional political economy. Someone who works through this book will be solidly prepared to venture into the higher reaches of public choice theory.' -- Richard E. Wagner, George Mason University, US `Robert Kennedy said that "Some men see things as they are, and ask why. I dream of things that never were, and ask why not." This is a book for both kinds of people. Holcombe provides a hard-headed analysis of how government and politics actually works, and careful analysis of why the dreams for optimal outcomes, whether coming from the formal models of supposedly sophisticated economists, (based on "as if" assumptions that exclude politics), or those coming from idealist "reformers" (stemming from their utopian visions), end up shattered by harsh behavioral and institutional realities. Written in a completely non-technical fashion, and covering topics like rational ignorance, rent-seeking and regulatory capture, this book works beautifully either as a complement to traditional introductory economics courses, or to introductory courses in political science.' -- Bernard Grofman, University of California, Irvine, US `The author has extensive personal connections to all the aspects of public choice, and has produced a masterful volume. The insights of public choice are varied, but its explanatory power is consistent. Holcombe manages to weave together an interesting and informed commentary on the many strands of public choice scholarship in a way that will be useful even to experts, while providing an overview that a determined newcomer will be able to pick up immediately.' -- Michael Munger, Duke University, US `Overall, an Advanced Introduction to Public Choice fills an important gap in in the textbook market and has several key strengths. First, the content and style is accessible to a large audience. The book can be used in a range of college courses, and scholars and laypeople interested in the foundations of public choice will also find the book of value. Second, the book offers flexibility. The book can be read as a comprehensive whole, but each chapter also works as a standalone selection. Further, the book can be read by itself or can be paired with primary readings, with the volume providing the necessary foundation. Third, the book is affordable relative to the cost of most college textbooks, making it attractive for course adoption and general readership. -- Public Policy