Students routinely email me asking me what they should read in public choice/constitutional political economy. I am going to post some of the classic papers in the field once or twice a week. Follow this thread. #publicchoicecanon

The first is a classic #virginiapoliticaleconomy paper: An Economic Theory of Clubs by James Buchanan. I've been thinking a lot about this paper recently and it's a critical step bridging the gap between pure private & pure public goods. #publicchoicecanon http://darp.lse.ac.uk/papersDB/Buchanan_(Ecca_65).pdf

This is another classic #virginiapoliticaleconomy paper: The Pure Theory of Government Finance by James Buchanan (1949). One of the first papers outlining Buchanan's 'politics as exchange' - while critiquing the state as organism theory. #publicchoicecanon https://www.jstor.org/stable/pdf/1826554.pdf?casa_token=Pjr413mK_LkAAAAA:kyMojLgDTSY8hb3jR1ERJMd0eKuNh_2W_fRtD-BjSl_KRMf5zrakXf_CX4ki2qziS7o13aa7kyNBH1fdK3Ca87J8ZirT_erbiPWKHRZJ4zFQKWQ_QA7K