This book provides a theory capable of explaining the patterns of public expenditures and taxation that occur under representative government. Economists and political scientists have come to realize that issues of public policy and public finance cannot be solved on the naive assumption that these are problems tackled by a government that exists only to serve the public good. Instead, government must be understood as one of the major economic institutions of society, one that behaves like more familiar economic institutions--the household and the firm--though the market it confronts is a market for policies rather than for goods and services. Albert Breton's pathbreaking work remains important in taking us toward a theory of representative government that enables an understanding of the observed behavior of political institutions.
The author's analysis is cast in a relatively simple demand, supply and demand-supply-equilibrium framework, using the tools of marginal and stability analysis to explain the forces that influence and determine the flow of resources as they are allocated between competing ends in the public sector. The book presents a model of demand by citizens, who are assumed to be maximizing their desires for specific public policies and private goods, and a model of the supply of public policies by politicians and bureaucrats, who are assumed to be maximizing the probability of their re-election and the size of their budgets. Breton defines government policies and the institutional framework for collective choices in terms that render them amenable to further analysis.
The main accomplishment of Breton's theory is that it provides the ability to analyze the interaction of individuals and generates testable propositions about the behavior of these individuals as well as about the behavior of public expenditures and taxation in more aggregative terms. In this way the book will be useful to students of economics, economists, and those interested in economic theory.
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Albert Breton is professor emeritus of economics at the University of Toronto. He was once director of research for The Social Research Group in Montreal. His articles have been widely published in major journals and some of his recent books include Rational Foundations of Democratic Politics and Political Extremism and Rationality (with Gianluigi Galeotti, Pierre Salmon, and Ronald Wintrobe) and Bijuralism: An Economic Approach (with Michael J. Trebilcock).
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Book Description Hard cover. Condition: Very Good. No Jacket. First edition. Very good. No dust jacket. xvi, 228 p. : illus.; 22 cm. Aldine treatises in modern economics. Includes Illustrations. Includes bibliographical references. Aldine Pub Co, 1974, 1st Edition, Hard Cover. Ex-college library with usual library features. Book Condition: Very Good+. No Jacket. B&R-35. Seller Inventory # Alibris0002977
Book Description Hardcover. Condition: Good. hardback in very good condition. a couple pages have markings. Seller Inventory # 61261
Book Description Hardcover. Condition: Bon. Ancien livre de bibliothèque. Légères traces d'usure sur la couverture. Edition 1974. Ammareal reverse jusqu'à 15% du prix net de ce livre à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Good. Former library book. Slight signs of wear on the cover. Edition 1974. Ammareal gives back up to 15% of this book's net price to charity organizations. Seller Inventory # C-344-536
Book Description hardcover. Condition: Good. Dust Jacket Condition: Unclipped. First ed.\, 1974; not ex-lib. as shown but clean and unmarked anywhere; 227 p., on strong unaged paper; binding tight; sepia boards with still bright gilt lettering on spine have minimal edge wear but d.j has a little chipping near upper corner of front panel. Red stains on inner panel (faint pink on lower edge of front panel) suggest some dampness on lower portion of front board but it is apparent only on d.j. Seller Inventory # 102273
Book Description Hardcover. Condition: Very Good. Dust Jacket Condition: Good. First Edition. A very good copy of the stated first hard cover edition in a good+ dust-jacket. Save for a previous owner's name in ink on the front free endpaper the text is wholly unmarked, pristine, and the salmon colored binding with gilt lettering is bright and fresh in appearance.Moderate wear to the extremities of the jacket. A handsome copy. Seller Inventory # 007283
Book Description gebundene Ausgabe. Condition: Gut. 228 Seiten; Der Erhaltungszustand des hier angebotenen Werks ist trotz seiner Bibliotheksnutzung sehr sauber. Es befindet sich lediglich ein Bibliotheksstempel im Buch; ordnungsgemäß entwidmet. Sprache: Englisch Gewicht in Gramm: 420. Seller Inventory # 1423646
Book Description xvi, 228p., original cloth, ex libris. Seller Inventory # 039401
Book Description Hardcover. Condition: Good. Dust Jacket Condition: No Dust Jacket. Hardcover in good condition. No jacket. Lower edges of numerous pages are bumped and nicked. Contents are clean and clear. HCW. Used. Seller Inventory # 452038
Book Description Hard Cover. Condition: Very Good +. 1st Edition. Scarce. Hard cover first edition. 228 pages in good condition. Some underlining. Green cloth cover with gilt titles on front and spine in good condition. VG+. Seller Inventory # 041763