The Political Economy and Public Choice approaches have promoted the study of interactions between the economy and the polity for over 60 years now. The present paper endeavours to provide a critical discussion of this literature and its achievements. In particular, it begins with the different...

This paper discusses and proposes random selection as a component in decision-making in society. Random procedures have played a significant role in history, especially in classical Greece and the medieval city-states of Italy. We examine the important positive features of decisions by random...

What is the Economics of Art and Culture? -- The Social Value of Art -- Art Markets and Auctions -- The Artists' Labour Market -- Reproductions in Art -- Creative Cultural Economy -- The Performing Arts -- Festivals -- Films -- Museums -- Superstar Museums and Special Exhibitions -- Cultural...