Philipp Batthyány gives a definition of Hayek's concept of coercion and the reasons for the reprehensibleness of coercion as a basic evil in society. Including substantial parts of Hayek's unpublished works, he analyzes Hayek's complete works with regard to the conception of freedom and...

Libertarian paternalism justifies government intervention in private transactions with the irrationality of the choices made by the citizens involved. The legitimacy of these interventions is based on the condition that the citizen's freedom of choice is to be respected. Based on a description...

This is the first German language collection of essays by Viktor J. Vanberg, one of the most important advocates of modern constitutional economics. The essays deal with fundamental theoretical and normative issues of economic and political order. (Published in German.)