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In the Economic Viewpoints section we welcome extended reviews of important works on economics and political economy. Deirdre McCloskey's The Bourgeois Virtues is one of the most ambitious and important works published in classical liberal political economy for at least half a century
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What explains the simultaneous critiques of economic theory and liberalism during the 1930s? Early neoclassical … markets operated in an institutional vacuum. The resulting association of liberalism with laissez faire, therefore, prompted a …
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The authors highlight under-appreciated problems with implementing a Basic Income Policy, even in the case of simple cash transfers which, given the existence of redistribution, are preferable to the bureaucratic machinery necessary for rationing specific goods
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In this introduction I outline a logical continuity in Hayek's research program from technical economics to his political economy and social philosophy. By taking the starting point of economics as the question of the coordination of plans, Hayek's emphasis as an economist on how economic actors...
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