This paper analyzes common antitrust arguments made against the Microsoft Corporation vis-a-vis its competitors. It critiques common market failure justifications for expanding government interventions to that firm's organization

According to public choice theory, the market and the state are both devices through which cooperation is organized and made possible. This theme of voluntary government is most prevalent in the subset of public choice known as constitutional economics. We believe that the analogy between...

Buchanan and Tullock have a reputation as radical defenders of private property, markets, free enterprise, limited government and libertarianism. While this account is to some degree correct, the present paper shall argue that it is exaggerated. It will show that their supposed adherence to...

James Buchanan and Gordon Tullock are widely credited with creating the Public Choice School. Its main elements include constitutional political economy, an analysis of different voting-rights regimes, and the insight that human beings do not suddenly sprout angel’s wings when they become...