Public utilities supply a set of goods and services that are central to the workings of a modern economy. Their importance in the economy’s structure is matched by the interest and complexity of the problems they present for economic analysis.

In Not Just for the Money Professor Frey challenges traditional economic theory and argues that people do not act in expectation of monetary gain alone, nor do they work solely because they are paid. Furthermore, the author claims that higher monetary compensation as well as regulations...

This title is of this important reference collection focuses on the economics of politics. It centres attention on key debates within the literature, counter-poising the approaches of the major schools with their differing theoretical methods and empirical emphasis. The importance of...

This timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of...

This collection of important previously published articles reflects the vigorous implementation of privatization in Europe and the deregulation in the United States over the last quarter century. The evolution of the movements is described, both intellectually and politically. Deregulation and...

The public choice approach combined with theoretical welfare economics and institutions will prove a stimulating and engaging read for those with a special interest in public sector economics, public choice and Austrian economics.

Promises, Promises examines from a libertarian perspective, the differing methods and levels of success of adapting contract law in the Czech Republic, Hungary, Poland and especially Russia in the wake of political change. The author analyses the roles of government power and policy, opportunism...

In Economic Policy in a Liberal Democracy, Richard E. Wagner offers an approach to welfare economics and economic policy appropriate for a classically liberal society.

This three-volume set presents over 100 of the most influential articles in defence economics, which have been selected for their enduring value and importance and for their contribution to an understanding of the field.