This authoritative and encyclopaedic reference work provides a thorough account of the public choice approach to economics and politics. The Companion breaks new ground by joining together the most important issues in the field in a single comprehensive volume. It contains state-of-the-art...

Beyond Conventional Economics presents new original work from leading scholars on the interface between the individual and political and social institutions. The book offers a critique of the inadequacies of the conventional economic approach to politics and a state-of-the-art view of new...

All countries have people with an entrepreneurial spirit, but in far too many of them their talent and drive lie fallow. We argue that the most fertile soil for the seeds of entrepreneurship consists of the freedom and informed discipline that characterise market economies. In markets, freedom...

The incidence of the burden of a tax is usually presented as an application of elasticity in introductory economics. A more useful exposition of tax incidence results if slope is used rather than elasticity.