Understanding Democracy

• Introduction Albert Breton, Ginaluigi Galeotti, Pierre Salmon and Ronald Wintrobe; Part I. Democracy, the Market, and the Law: 1. Democratic stability as a self-enforcing equilibrium Barry R. Weingast; 2. Democracy, competition, and the principle of Isonomia: an economic analysis of the political exchange as an incomplete contract Michel Grillo; 3. Constitutional democracy: an interpretation Dennis Mueller; 4. Necessary and sufficient conditions for a viable democracy Peter Bernholz; Part II. Democracy and Economic Growth: 5. Government spending and economic growth under democracy and dictatorship Jose Antonio Cheibub and Adam Pzeworski; 6. Rent seeking and redistribution under democracy vs dictatorship Ronald Wintrobe; 7. Democractic governments, economic growth and income distribution Pierre Salmon; Part III. Democratic Deficiencies and Possible Improvements: 8. Democracy and the public machinery: the case of the headless leviathan Gianluigi Galeotti; 9. Democracy and empowerment Albert Breton and Margot Breton; 10. Political participation, voting and economic policy: three problems of modern democracies Luigi Campiglio; Part IV. Democratic Expectations: 11. Components of the democratic ideal Ian Shapiro; 12. Democracy on the margin Russell Hardin.

"...a very good book, well informed by history, well written, and careful in its analysis. His analysis...is evenhanded and thoroughly logical, full of examples and case studies drawn from both recent and ancient history....It is like reading Machiavelli, in terms of the pleasure one derives from the interaction of logic and history, but with diagrams and equations. Upper-division undergraduate and up." Choice