Comments on 'The Decline and Rise of Political Economy by Buce Yandle'

Jos de Beus

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The first part of the argument is a reformulation of Yandle's problem and a sketch of the current apologetics of Public Choice Theory and its pitfalls. In the second part it is argued that Yandle's thesis on the connection between the social value of political economy and the size of the state displays identical flaws. An improved specification is needed to save this challenging thesis.
Original languageEnglish
Pages (from-to)563-573
Number of pages11
JournalEuropean journal of political economy
Issue number4
Publication statusPublished - 1990


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