Economics Dictionary of ArgumentsHome
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| Governance: Governance is the process of making and enforcing decisions within an organization or society. It is the system by which power is exercised and controlled. Governance includes the rules, processes, and institutions that guide decision-making. See also Government, Community, Society, Politics, Institutions._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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James M. Buchanan on Governance - Dictionary of Arguments
Boudreaux I 90 Governance/Buchanan/Tullock/Boudreaux/Holcombe: Buchanan and Tullock viewed their 1962 book, The Calculus of Consent(1), as a theoretical exploration of concepts of governance that had a practical parallel in the development of American political institutions. >Institutions, >Constitution/Buchanan. Along these lines, the Declaration of Independence is largely a list of grievances against the King of England, detailing many ways in which Americans’ rights had been violated, thus giving to the colonists the right to form their own independent government. When viewed through Buchanan’s constitutional-economics framing, Thomas Jefferson’s argument implied that the status quo in the American colonies in 1776 was not within the bounds of any set of rules that would have received unanimous agreement had the Americans and the British negotiated a social contract from a condition of anarchy. >Anarchism, >Constitutional economics. Unanimity: The importance of unanimity as the criterion for agreement appears in the Constitution of the United States, which states that it was “Done in convention by the unanimous consent of the states present…” Desirable rules are those that meet with the unanimous approval of those who will be governed by them. >Rules/Buchanan, >Agreement/Buchanan, >Society/Buchanan, >Politics/Buchanan, >Generality/Buchanan. 1. Buchanan, James M., and Gordon Tullock (1962/1999). The Calculus of Consent. Liberty Fund._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconBuchan I James M. Buchanan Politics as Public Choice Carmel, IN 2000 Boudreaux I Donald J. Boudreaux Randall G. Holcombe The Essential James Buchanan Vancouver: The Fraser Institute 2021 Boudreaux II Donald J. Boudreaux The Essential Hayek Vancouver: Fraser Institute 2014 |
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