Farrant, Andrew - In: The Review of Austrian Economics 17 (2004) 4, pp. 447-451
Levy (2002) argues that J. M. Buchanan's worst-case philosophy of constitutional political economy and J. W. Tukey's worst-case philosophy of mathematical statistics are analogous. Levy's analogy, however, is problematic. Institutions are only contingently robust. Worst-case political economy is...