This edited volume explores the tension between reason and sentiment in democracies and its contribution to the decline of liberalism. Bringing together classical liberal scholars with a deep knowledge of public choice ideas, the chapters delve into this tension from a variety of perspectives. Building on the principle of entangled political economy, as articulated by Richard E. Wagner, this volume engages with new facets of the relationship between choice and consequence and their implications for democratic politics. Advocating for a reframing of public choice theory as compatible with civic republicanism, this volume will be of interest to students and scholars of public choice, political economy, political theory, governance, and economic policy.

Volume 18 Entangled Political Economy of the Book Series Advances in Austrian Economics examines the concept 'entangled political economy' from several distinct but complementary points of view. The volume is proof that Wagner's notion of entanglement opens new vistas for political economy in all its dimensions.

When the Hungarian Marxist philosopher and literary critic György Lukács returned to Hungary from Moscow after World War II, he engaged in a highly active phase of writing and speaking about the democratic culture needed to exorcise the remnants of fascism and to create the conditions for the advance of socialism in Central Europe. His essays of the period, including the influential volume Literature and Democracy, appear here for the first time in English translation. Engaged with questions of realist and modernist world-views in art, the relations of literary history to politics and social history, and the role of cultural intellectuals in public life, these essays offer a new look at one of the most influential Marxist thinkers of the twentieth century.

The Democracy Sourcebook offers a collection of classic writings and contemporary scholarship on democracy, creating a book that can be used by undergraduate and graduate students in a wide variety of courses, including American politics, international relations, comparative politics, and political philosophy. The editors have chosen substantial excerpts from the essential theorists of the past, including Jean-Jacques Rousseau, John Stuart Mill, Alexis de Tocqueville, and the authors of The Federalist Papers; they place them side by side with the work of such influential modern scholars as Joseph Schumpeter, Adam Przeworski, Seymour Martin Lipset, Samuel P. Huntington, Ronald Dworkin, and Amartya Sen. The book is divided into nine self-contained chapters: "Defining Democracy," which discusses procedural, deliberative, and substantive democracy; "Sources of Democracy," on why democracy exists in some countries and not in others; "Democracy, Culture, and Society," about cultural and sociological preconditions for democracy; "Democracy and Constitutionalism," which focuses on the importance of independent courts and a bill of rights; "Presidentialism versus Parliamentarianism"; "Representation," discussing which is the fairest system of democratic accountability; "Interest Groups"; "Democracy's Effects," an examination of the effect of democracy on economic growth and social inequality; and finally, "Democracy and the Global Order" discusses the effects of democracy on international relations, including the propensity for war and the erosion of national sovereignty by transnational forces.

“A fine collection of essays exploring, and in many cases extending, Jim Buchanan’s many contributions and insights to economic, political, and social theory.”– Bruce Caldwell, Professor of Economics, Duke University, USA"The overwhelming impression the reader gets from this very fine collection is the extraordinary expanse of James Buchanan's work. Everyone interested in economics and related fields can profit mightily from this book."– Mario Rizzo, Professor of Economics, New York University, USA This book explores the academic contribution of James Buchanan, who received the Nobel Prize for economics in 1986. Buchanan’s receipt of the Prize is noteworthy because he was a maverick within the economics profession. In contrast to the preponderance of economists, Buchanan made little use of mathematics and no use of econometrics, preferring to used logic and language to insert his ideas into the scholarly community. Moreover, his ideas extended the domain of economic inquiry along many paths that numerous economists subsequently pursued. Buchanan’s scholarship brought economics and political science together under the rubric of public choice. He was also was a prime figure in bringing economic theory into closer contact with moral and social philosophy.This volume includes essays distributed across the extensive domain of Buchanan’s scholarly contributions, reflecting the range of his scholarly interests. Chapters will examine Buchanan’s scholarly work on public finance, social insurance, public debt, public choice, economic methodology, constitutional political economy, law and economics, and ethics and social theory. The book also examines Buchanan in relation to other prominent economists, both from the distant past and the recent past.

Before democracy becomes an institutionalised form of political authority, the rupture with authoritarian forms of power causes deep uncertainty about power and outcomes. This book connects the study of democratisation in eastern Europe and Russia to the emergence and crisis of communism. Wydra argues that the communist past is not simply a legacy but needs to be seen as a social organism in gestation, where critical events produce new expectations, memories and symbols that influence meanings of democracy. By examining a series of pivotal historical events, he shows that democratisation is not just a matter of institutional design, but rather a matter of consciousness and leadership under conditions of extreme and traumatic incivility. Rather than adopting the opposition between non-democratic and democratic, Wydra argues that the communist experience must be central to the study of the emergence and nature of democracy in (post-) communist countries.

This is a study of the political and moral thought of the Enlightenment, focusing on four key eighteenth-century thinkers: David Hume, Adam Smith, Montesquieu, and Voltaire. Dennis C. Rasmussen argues that these thinkers exemplify a particularly attractive type of liberalism, one that is more realistic, moderate, flexible, and contextually sensitive than most other branches of this tradition.