Böcker av Randall G. Holcombe

There are two ways people coordinate their actions: through cooperation, exercised by economic power, and through control, exercised by political power.

Economists use models in their analysis and research, as some small aspects of the world can be effectively represented in this way. This book explains the way in which models are used in economics, and makes specific methodological recommendations.

Housing policy not only aff ects all Americans' quality of life, but has a direct impact on their fi nancial well being

During recessions state government fiscal crises are widespread, as states find their revenues inadequate to meet their expenditure demands.

This volume shows how the virtues of the market system, private property, and freedom of exchange can be applied to enhance the quality of life. It examines the general principles that guide both market and government allocation of resources, and specific policy issues.

Government is analysed as the product of exchange among individuals who differ in their bargaining power. This approach shows why individuals agree to political institutions that give their governments extensive power, and why even the most powerful government benefits from constitutional rules constraining the government's power.