ИПИ Библиотека

Gordon Tullock delights in deploying rational-choice analysis effectively to areas widely considered to be outside the domain of economics. This volume illustrates the strength of this endeavor by reproducing the very best chapters from his controversial textbook The New World of Economics. It also highlights Tullock’s innovative contributions to bioeconomics, another area in which he pioneered the application of economic methods. Other sections of this volume reproduce his best contributions to more traditional areas of study, further solidifying the innovative strength of his scholarship.

WHY GOVERNMENT

A good socialist might regard the title of this chapter as showing prejudice. He would feel that the problem is “why market?” In his view, the natural state of the economy is to have government do everything, and one should have the market do only those few things that it can do well.

Gordon Tullock

Gordon Tullock (1922) is University Professor of Law and Economics and Distinguished Research Fellow in the James M. Buchanan Center for Political Economy at George Mason University. He holds a joint teaching position in the Department of Economics and the School of Law. Professor Tullock received a J.D. from the University of Chicago in 1947. Tullock is one of the fathers of public choice theory.