Buchanan's work on the methodology of economics includes many references to externalities. Buchanan has emphasized that a subjective conception of economics, and a focus put on exchange rather than on choice, has implications on an analysis of externalities. In this paper, we analyze the reverse...

This article proposes to reassess Hayek's theory of cultural evolution in the light of Darwin's Descent of Man. It is shown that Hayek and Darwin refer to the same theory of human nature, which is borrowed from the founding fathers of political economy, Hume and Smith. Their respective...