First edition, first printing. 8vo. xvi, 137, [1] pp. Original black cloth, spine lettered in gilt, dust jacket. A fine copy. Oxford, Basil Blackwell, IEA Masters of Modern Economics, 1991.
A collection bringing together the various writings by the Nobel Prize winning American economist James M. Buchanan published by the Institute of Economic Affairs, the majority of which further expand upon his conceptions of public choice and the constitutional economics paradigm.
Buchanan was awarded the 1986 Nobel Memorial Prize in Economic Science for his seminal role in developing ‘the contractual and constitutional bases for the theory of economic and political decision-making’.
