The nine papers in this volume are a diverse set of quality contributions to the field in ecomics that is called political ecomy. It is important to understand that social scientists hold different interpretations of the term political ecomy. Most mainstream ecomists expect a paper in the field to use the same models as are used in neoclassical ecomics, be it micro or macro. The field of political ecomy is seen by most ecomists to be exclusively the purview of their field. However, the political system of a country determines the nature of its ecomics system. The ecomy feeds back to the political system but the rules of the game are determined by the political system. The study of politics is the hardest task in the social sciences. The political system defines the scope of the ecomics system while taking resources from the ecomy in order to run campaigns and produce the types of compromises that are required of a stable political system that allows ecomic agents to make sensible investments. The interaction between the highly inter-dependant yet very different fields of politics and ecomics forms the basis of this volume. It contains a collection of key papers on the topic of analytical political ecomy. The papers authored by some of the foremost experts in the field. It is part of the ISETE series.
Professor Melvin Hinich, the Mike Hogg Professor of Government, has been teaching at the University of Texas at Austin since 1982. He is also a Professor of Economics and is a Research Professor at the Applied Research Laboratories of UT. Hinich and the late Otto Davis pioneered the modern multi-issue spatial theory of electoral competition. He has coauthored five books on spatial theory and has written and coauthored numerous papers on this important paradigm in analytical political economy
Emerald Publishing Limited
Date of Publication
Economics: Professional & General
International Symposia in Economic Theory and Econometrics