{"product_id":"the-myth-of-democratic-failure-9780226904238","title":"The Myth of Democratic Failure","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eA text seeking to refute one of the cornerstone beliefs of economics and political science: that economic markets are more efficient than the processes and institutions of democratic government.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eAcknowledgments 1: Introduction: The Market Metaphor 2: The Informed Voter 3: Electoral-Market Competition and the Control of Opportunistic Behavior 4: Transaction Costs and the Design of Government institutions 5: Homo Economicus versus Homo Psychologicus: Why Cognitive Psychology Does Not Explain Democratic Politics 6: Legislative Markets and Organization 7: Pressure Groups 8: Bureaucratic Markets: Why Government Bureaucracies Are Efficient and Not Too Large 9: The Market for Regulation 10: The Constitution as an Optimal Social Contract and the Role of Transaction Costs in Constitutional Design 11: Majority Rule and Preference Aggregation 12: The Distribution of Economic Wealth and Political Power 13: The Testing of Theory 14: Epilogue: The Burden of Proof References Author Index Subject index","brand":"The University of Chicago Press","offers":[{"title":"Default Title","offer_id":49400150819159,"sku":"9780226904238","price":30.4,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780226904238.jpg?v=1730469887","url":"https:\/\/bookcurl.com\/products\/the-myth-of-democratic-failure-9780226904238","provider":"Book Curl","version":"1.0","type":"link"}