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Subtitle: The Selected Works of Gordon
Tullock, Vol 1, Liberty Fund, Indianapolis, 2004, index, appendices
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Reviewer comments: This is not exactly what I
expected when I ordered, but it is excellent. I was looking for a basic
economics text and this is a very advanced economics study on a wide variety of
topics, as the Table of Contents reveals. It is a compendium of Professor
Tullock's writing but only the first of ten volumes of his prolific commentary
and analysis. The many individual essays and speeches have been organized into
sections on related subjects by Charles K. Rowley, who also provides an
introduction. The other 9 volumes in the complete series are devoted to still
more various topics. Professor Tullock is a libertarian, a believer in
'economic man' and utility theory.
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Section 1 - Genesis - Four essays mostly
about 'public choice' - a school of economic theory of which Dr. Tullock was
one of the original creators
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Section 2 - Problems of Majority Voting -
Seven essays
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Section 3 - The Demand - Revealing Process -
Three essays
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Section 4 - Rent Seeking - Seven essays -
"Rent" is an economists 'term of art' meaning efforts to gain
economic advantage through political means such as monopoly, tariffs, and
similar means. The term originated as a derogotory one aimed at landlords who
did nothing, but lived off of the rent they took from working tenants.
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Section 5 - Redistributive Politics - Four
essays, two of which are on inheritance taxes
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Section 6 - Bureaucracy - Two essays
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Section 7 - The Social Dilema - Four essays
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Section 8 - The Problem of Social Cost -
Seven essays
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Section 9 - Law and Economics - Eight essays
on trials, courts, juries
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Section 10 - Bioeconomics - Four essays
attempting to relate biology concepts- that is Darwinian evolution - to
economic theory and methods
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Section 11- In the Public Interest - Two
essays relating again to 'public Interest' Theory
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