Markets and Politicians Politicized, Economic Choice

It has been common practice in economic models to portray the politician as a mechanistic individual who behaves to maximize a prespecified conception of social welfare. The self interest and discretion that is attributed to firms and consumers as optimizing agents is absent from the motives of such a politician. This assumes that economic policy choice is depoliticized. This book recognizes that politicians do not behave mechanistically. Politicians are viewed as self interest-optimizing agents and, thus, the choice of economic policies is politicized. The book provides a broad spectrum of economic policies in which markets and politicians interact. Section I is concerned with policy determination in western market economies. Section II deals with the entry of markets into transitional socialist economics, and Section III goes into international transactions.Hillman, Arye L. is the author of 'Markets and Politicians Politicized, Economic Choice' with ISBN 9780792391357 and ISBN 0792391357.