Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/69549 
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper No. 4102
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Public Choice is the merger between political science and economics. In the introductory sections of this survey it is investigated what we can expect from the logic of public choice. How far is it able to produce consistent results? Is public choice consistent with liberty? What can be done to reconcile these core principles? In the later, more applied sections, several forms of democracies in unitary and federal states are investigated. The dynamics of public choice are considered in the theory of the political business cycle. The survey ends with some thoughts on public choice in the euro crisis.
JEL: 
B25
D72
H20
Document Type: 
Working Paper
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