Politicized Economics by David Reisman

Politicized Economics by David Reisman

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Politicized Economics by David Reisman

In this highly readable analysis, the authors use positive-economics principles to show how the supply and demand of monopoly rights from the state (rent seeking) provided first the impetus for European mercantilism and later the reasons for its demise in England and entrenchment in France. The balance-of-trade objective, treated by most historians as a primary motive for mercantilism, is shown instead to be the by-product of self-interested parties' seeking of rents.

In addition to questions of the causes and results of economic regulation, this thoughtful book raises issues in the methodology of economic history and history of thought generally. Public-choice theorists, political economists, and economic policy makers will likewise find it instructive and stimulating.

Robert B. Ekelund, Jr. is Professor and Eminent Scholar Emeritus in economics at Auburn University.
John D. Jackson is Professor of Economics, Emeritus at Auburn University.
Robert D. Tollison (deceased) was the J. Wilson Newman Professor Economics at Clemson University. He came to Clemson in 2003.
SKU Unavailable
ISBN 13 9780890967454
ISBN 10 0890967458
Title Politicized Economics
Author David Reisman
Series Texas A And M University Economics Ser
Condition Unavailable
Binding Type Hardback
Publisher Texas A & M University Press
Year published 1997-12-31
Number of pages 300
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.