My contention is that political economy as a value-relevant discipline has a legitimate claim on our intellectual attention only to the degree that it is grounded in the value-neutral logic of economic analysis — an analysis that while it cannot determine ultimate values may nevertheless...

This essay praises Gerald Gaus's The Order of Public Reason as a building block for all normative explorations into the institutional foundations of human sociability. It evaluates the normative implications put forth by Gaus in terms of the Kirzner's “finder's keeper's ethic.” This raises a...

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

Economics as a discipline has come under increasing scrutiny since the Global Financial Crisis of 2008. Sociologist Marion Fourcade and co-authors (2015) have challenged the arrogance of economists and pointed out the dysfunctional structure of the discipline that concentrates power and...