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This article describes the intellectual trajectory James Buchanan followed from the early 1950s, when he started to work on ``spillover effects,'' to the mid-1960s, when he had completed a consistent explanation of the efficiency of market mechanisms and private arrangements in the presence of...
Persistent link: https://www.econbiz.de/10010693419
This essay analyzes what Gary S. Becker and Richard A. Posner have written for various media (either in print or online) that are not strictly aimed at academic audiences. We provide an historical account of how they became interested in such activities, from their first attempts, made...
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