Public Choice Interpretations of American Economic History
Jac C. Heckelman, John C. Moorhouse, Robert WhaplesISBN: 0792377214;
The chapters of this volume apply the tools of public choice theory to the types of questions which economic historians have traditionally addressed. By adding the insights of public choice economists to the traditional tools used to understand economic actors and institutions, the authors are able to provide fresh insights about many important issues of American history. Each contribution analyzes an episode in American economic history within a public choice framework of rational maximization. Agents or interest groups are interpreted as either responding in predictable ways to economic incentives put in play by government policy or attempting to influence government policy. Public Choice Interpretations of American Economic History includes eightessays that examine: - Why states contributed to the national government under the Articles of Confederation. - The major nineteenth-century transitions in the source of state revenues away from fees and investments and...
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