** Brief Introduction and definitions (Efficiency and Democracy)

** Brief Historical Thoughts on Markets versus Government (selected people)

** Markets versus Government Continued (Security, Worldly Goods, Public Goods, and Monopolies)

** Some Problems of Choosing Candidates

** James Buchanan and Gordon Tullock on the Issue of Collective Decision Making

** Types of Vote Markets (Votes of the Legislator and Votes of the Electorate)

** Some Voting Methods

** Why People Vote (Sociological Factors discussed)

** The Median Voter Theorem

** The Voter's Paradox (Impossibility Theorem) {Agenda Setting and Strategic Voting Discussed}

** Inefficiencies of Majority Rule Rediscussed {taxes and Income Taxes Discussed}

** Inefficiencies of Logrolling and Patronage

** Inefficiencies of Bureaucracies

** Inefficiencies of Rent-Seeking

** Conclusion {Including Suggestions for Improvements and Reforms}

** Interesting Quotations

** Bibliography {References}                                      NEXT PAGE