Re: Re: Drazen's new book?

[Joel Blau]

Sure, but from the blurb, this book looks like more than simple public choice theory. "He proposes that conflict or heterogeneity of interests should be the field's essential organizing principle, because political questions arise only when people disagree over which economic policies should be enacted or how economic costs and benefits should be distributed." The "interests" are certainly there, but the tone of the blurb (and it may be inaccurate or incomplete) sounds more synthesized and middle of the road than classic Buchanan.

Joel Blau

Jim Devine wrote:

 

In the new Princeton University Press economics catalogue, they are featuring a new book by Allan Drazen entitled Political Economy in Macroeconomics. Does anyone know anything about this book? Does it represent an attempt to reclaim "political economy" from the left?

I don't know that book (and would be interested in hearing about it), but political economy was "rescued" from the left a long time ago, by people like James Buchanan and the Virginia school.Jim Devine [EMAIL PROTECTED] &  http://liberalarts.lmu.edu/~jdevine