Title page from The Collected Works of James M. Buchanan, Vol. 5. The Demand and Supply of Public Goods

Part of: The Collected Works of James M. Buchanan in 20 vols. The Collected Works of James M. Buchanan, Vol. 5. The Demand and Supply of Public Goods

Vol. 5 of The Collected Works. Originally given as a series of lectures at Cambridge University in 1961 and 1962, in The Demand and Supply of Public Goods Buchanan develops a theory of public-goods in which he compares market performance with political performance and lays some of the ground work for his contractarian theory of the “productive state.”

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