The Political Economy of James Buchanan; Inscribed by Buchanan to his Assistant
The Demand and Supply of Public Goods.
Reisman, David (James M. Buchanan).$1,200.00
Item Number: 44012
Chicago: Rand McNally, 1968.
First edition. Octavo, original cloth. Inscribed by the author in the year of publication (with a two page inscription) on the front free endpaper and onto the verso, “Betty, This will have to substitute for a more formal dedication to you, which, as I said, should have been included here. This is because this book, more than any other stuff of mine, reflects the outcome of the efforts of so many around the center and, all of whom are and remain in a real sense (over) thanks for all that you have done through those “good” years, which like all good things must pass along, hopefully, to be replaced by others that are different, and also exciting. With my compliments and my love Jim Buchanan.” The recipient, Betty H. Tillman, was his assistant for 46 years and was the second person Buchanan phoned on October 16, 1986 (after his wife, Ann) when he learned he had been awarded the Nobel Prize in Economics (see Buchanan, ‘Notes on Nobelity,’ in Better than Plowing: And Other Personal Essays, University of Chicago Press 1992). In near fine condition, with some underlining from the recipient.
This work by David Reisman is a survey of the political economy of James Buchanan seeking to explain his theories in detail and evaluate them in depth, covering topics such as the constitution and its failure, democracy, operational rules for the constitution and economics.