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James M. Buchanan and Me : Reminiscing About a 50-Year Association

Wagner, Richard E. - 2014

This essay commemorates James M. Buchanan's life and work by reflecting on my 50 years of association with him, starting in 1963 when I entered graduate school at the University of Virginia and ending with his death in 2013. This essay does not try to add to the substantial secondary literature...

Persistent link: https://www.econbiz.de/10013052457

Cultural Trends as Seen in Ngrams : Karl Polanyi with a Hayekian Twist

Klein, Daniel B. - 2013

In this very casual paper, I reproduce results from the Google Ngram Viewer. The main thrust is to show that around 1880 governmentalization of society and culture began to set in — a great transformation, as Karl Polanyi called it. But that great transformation came as a reaction to...

Persistent link: https://www.econbiz.de/10014158624

Virtues, Layers, and Lenses in Adam Smith's The Theory of Moral Sentiments

Klein, Daniel B. - 2015

These brief, casual remarks were delivered at an event to discuss Russell Roberts’s book How Adam Smith Can Change Your Life. I provide nine quotations from Adam Smith’s The Theory of Moral Sentiments, each quotation stating a source of vice, disorder, and corruption in human life. Smith...

Persistent link: https://www.econbiz.de/10014138789

Christianity → Liberalism : Siedentop Reading Group Notes

Klein, Daniel B. - 2020

The present 77 page document is my set of notes used in a five-part reading group on Larry Siedentop's great book Inventing the Individual: The Origins of Western Liberalism. The document contains a link to the set of videos online

Persistent link: https://www.econbiz.de/10014095133

Gordon Tullock's Scholarly Legacy : Extracting It from Buchanan's Shadow

Wagner, Richard E. - 2017

Thinking was Gordon Tullock's primary interest in life. He let his thinking roam widely and creatively over his many fields of interest; moreover, Tullock is widely recognized for the robust and creative quality of this thought. He left a valuable legacy. All the same, I think the value of that...

Persistent link: https://www.econbiz.de/10012943490

William Beveridge's 'Mock Trial of the Economists : ' Experts and Liberalism

Levy, David M. - 2014

The 1933 “Mock Trial of the Economists” is occasionally noticed and then interpreted as popular discontent with … economists's “crime” of “conspiracy to spread mental fog” at evidenced by the dueling letters from the Oxbridge economists … (Keynes, Pigou, et al.) and the LSE economists (Hayek, Robbins et al.) From William Beveridge's archives we provide the …

Persistent link: https://www.econbiz.de/10013060248

Economists, Crises and Cartoons

Levy, David M.; Peart, Sandra J. - 2010

Economists have occasionally noticed the appearance of economists in cartoons produced for public amusement during …

Persistent link: https://www.econbiz.de/10014196999

Prudence with Biased Experts : Ratings Agencies & Regulators

Levy, David M. - 2010

Why were the rating agencies trusted? When they became required for Federal deposit insurance their incentives for upward bias was common knowledge. The requirement was attacked by a Chicago economist, Melchior Palyi, on philosophical grounds (the expertise is excessively secret) and technical...

Persistent link: https://www.econbiz.de/10013137561

Been There Done that : The Political Economy of Déjà Vu

Boettke, Peter J. - 2012

the same place it started. While Keynesian theories were carefully critiqued by new classical economists and in the most …

Persistent link: https://www.econbiz.de/10013115212

James Buchanan's Contributions to Constitutional Political Economy, Institutional Analysis, and Self-Governance

Boettke, Peter J.; Palagashvili, Liya - 2016

and enabler of improving the democratic process; the role of economists as studying exchange; the reconciliation of the … economists’ zeal for reform with positive economic theory and how this notion advances the importance of constitutional …

Persistent link: https://www.econbiz.de/10014148423