Showing 1 - 10 of 33
The growth of the 17th century French state contributed to the establishment to a more regular, and even liberal legal order. Higher fiscal demands on the state led to a process of legal standardization that extended the rule of law. We use data on witch trials and taxation covering twenty-one...
Persistent link: https://www.econbiz.de/10013113949
The bulk of James Buchanan's contributions to political economy occupy 20 volumes in Liberty Fund's collection of his works. Reading those works shows both that Buchanan injected new strands of thought into that tradition and that his oeuvre contains points of apparent incoherence. To speak of a...
Persistent link: https://www.econbiz.de/10012958132
Public finance entails two distinct research programs with incongruent hard cores. A scholar can work within both programs but not at the same instant because of that incongruity. One program sets public finance inside welfare economics. It received its canonical expression from Francis...
Persistent link: https://www.econbiz.de/10014083639
Prevailing ideology holds that democracy is a system of government where people govern themselves. This ideology clashes with the unavoidable recognition that in any but small towns and villages governance is an activity wherein a few govern and the many are governed. This situation is an...
Persistent link: https://www.econbiz.de/10012911754
James Buchanan's protective state emerges at the constitutional level and protects the core rights of citizens via internal security, contract enforcement, and defense against external threats. This paper focuses on the potential for the protective state to produce anti-liberty outcomes. I...
Persistent link: https://www.econbiz.de/10012935037
This paper explores the interventionist mindset required for success under the U.S. government's foreign policy strategy of liberal hegemony. This approach to foreign policy contains an inherent tension. Its adherents claim a commitment to liberal values but successfully implementing the...
Persistent link: https://www.econbiz.de/10013002491
The current public debt crises in Western democratic countries provide an important illustration of what Adam Smith had described as the “juggling trick” – namely deficit increases, accumulation of debt, and debasement of currency – that all governments resort to when confronted with...
Persistent link: https://www.econbiz.de/10013018779
Economists often model national defense as a pure public good optimally provided by a benevolent and omnipotent "defense brain" to maximize social welfare. I critically consider five assumptions associated with this view: (1) that defense and security is a pure public good that must be provided...
Persistent link: https://www.econbiz.de/10013032783
This paper examines the role of prisoner voice in criminal justice reform in the US. Previous research has attributed reform of criminal justice institutions to either political elites or the public. This research has not considered the role of prisoner voice in influencing reform. This paper...
Persistent link: https://www.econbiz.de/10014090122