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Exploring the Political Economy and Social Philosophy of Vincent and Elinor Ostrom
This definitive book examines and engages with the work of Vincent and Elinor Ostrom, along with the Bloomington School of Political Economy more generally. The contributors emphasize the continuing relevance of the Ostroms’ work on collective action, self-governance, and institutional diversity for interdisciplinary research in the social sciences and humanities. This book’s wide array of topics and approaches will be a valuable resource to readers in a variety of fields, including: political science, economics, philosophy, sociology, public administration, environmental studies, and political economy.
Economics and the Public Good
What is the nature of economics? How does economics relate to politics? Readers searching for the Ancient Greeks’ answers to these questions often turn to Aristotle, focusing on small portions of the Politics and Nicomachean Ethics that relate to money-making, exchange, and household management. While this approach yields some understanding of economics and politics, it fails to account for how Aristotle’s theoretical inquiry into these practical matters reflects the character of his political philosophy. According to Aristotle, the Ethics and Politics together form “the philosophy concerning the human things.” All human things begin with choice, an intellectual desire and need for the good. Aristotle’s care for this desire is the heart of his political philosophy. Through a close, literal, and careful reading of Aristotle’s political philosophy, readers discover the natural boundaries to economic and political life. Simultaneously theoretical and practical, Aristotle’s political philosophy offers readers a perspective of economics and politics that provides them the experience of the knowledge they need to desire and live within the limit of the good.
Interdisciplinary Studies of the Political Order
The political process focuses on the ways that people come together to engage in collective decision making in a variety of contexts. The central elements of the political process include: the formation of rules, the subsequent interactions that take place within those rules, and the evolution of rules over time. Scholars working in the area of Virginia political economy—e.g., James Buchanan and Gordon Tullock—emphasize the importance of applying the tools of economics to non-market settings, including politics. Scholars in this tradition focus on both politics and economics to understand the formation of political rules—constitutional political economy—as well as the subsequent play...
Disaster and Emergency Management Methods
Find the answers to disaster and emergency management research questions with Disaster and Emergency Management Methods. Written to engage students and to provide a flexible foundation for instructors and practitioners, this interdisciplinary textbook provides a holistic understanding of disaster and emergency management research methods used in the field. The disaster and emergency management contexts have a host of challenges that affect the research process that subsequently shape methodological approaches, data quality, analysis and inferences. In this book, readers are presented with the considerations that must be made before engaging in the research process, in addition to a variety of qualitative and quantitative methodological approaches that are currently being used in the discipline. Current, relevant, and fascinating real-world applications provide a window into how each approach is being applied in the field. Disaster and Emergency Management Methods serves as an effective way to empower readers to approach their own study of disaster and emergency management research methods with confidence.
Political Process
Political Process: New Perspectives on the Virginia and Bloomington Schools explores political process as emphasized by the Virginia and Bloomington schools of political economy. Though the Virginia school of public choice and Bloomington school of institutional analysis have risen to prominence through the works of James Buchanan, Gordon Tullock, and Elinor Ostrom; their joint emphasis on political process has been neglected. The chapters in this volume explore the idea of political process through a multi-disciplinary perspective and to better situate both schools in this discussion. Approximately half the chapters make theoretical contributions, proposing new frameworks for understanding how people come together to make collective decisions. The other half examine applied case studies through a process-oriented framework.
Nudging Public Policy
This book asks several critical questions relevant to those interested in public policy: What is a nudge? What are the ethical implications of and justifications for nudges? Are we able to have nudges without affecting one’s freedom to choose? In what institutional context are nudges likely to work well and in what context are they likely to fail? The text explores several real-world instances of government attempts at successful choice architecture across a wide range of policy topics: internet privacy laws, environmental policy, education policy, the sharing economy, and creating a national culture. This approach also highlights the spontaneous and evolutionary nature of social instituti...
Informing Public Policy
Market process theory illustrates how the market is the most effective institution for overcoming the knowledge problem. Specifically, the institutional characteristics of private property, monetary prices, and the disciplining mechanisms of profit and loss, guide actors to utilize knowledge dispersed among society, to allocate resources effectively, and to adjust their behavior when errors occur to provide valuable goods and services to society. The chapters in this manuscript explore, through applications to issues within the United States and internationally, contemporary issues in public policy through the theoretical framework of knowledge problems and market process economics. Utilizin...
Hayek's Tensions: Reexamining the Political Economy and Philosophy of F. A. Hayek
F. A. Hayek, a prominent 20th-century political economist in the Austrian tradition, won the Nobel Prize in Economics in 1974 for his pioneering work on the theory of money and economic fluctuations and on comparative institutional analysis. Hayek's research highlights the importance and dispersed nature of knowledge, advancing an interdisciplinary approach to understanding human behavior. Like any great and productive scholar, he left behind a body of work that includes tensions, flaws, and inconsistencies that must be confronted by scholars looking to engage, critique, and advance his distinctive project in political economy. Hayek's work is important but also open for contestation and imp...
