This chapter seeks to explain the broad dissatisfaction among the general population of observed political outcomes. To illustrate this, this chapter discusses the growth of the federal tax code over the last century. Despite there being near universal public support for a tax code that is...

This volume is intended to serve as a review of the “next generation” of political economy scholars in what can be called the “Wagnerian” tradition, which traces its roots to Buchanan and De Viti De Marco in the 1930s, who argued that any decision that results from a political entity...

Chapter 1: Introduction -- Chapter 2: Emergence and Entanglement in a Theory of Political Economy -- Chapter 3: Swimming in a Tuxedo: A Systems Theory Approach to Understanding Politics -- Chapter 4: Complex and Entangled Public Policy: Here Be Dragons -- Chapter 5: Taxonomy of Entrepreneurship:...

Traditional public choice analysis implicitly views political outcomes as the intention of a single-minded person. This view is seriously misguided. Rather than viewing politics as being done by one person or a group of persons acting in concert, this chapter presents an Austrian economist’s...