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The bulk of James Buchanan's contributions to political economy occupy 20 volumes in Liberty Fund's collection of his works. Reading those works shows both that Buchanan injected new strands of thought into that tradition and that his oeuvre contains points of apparent incoherence. To speak of a...
Persistent link: https://www.econbiz.de/10012958132
Prevailing ideology holds that democracy is a system of government where people govern themselves. This ideology …
Persistent link: https://www.econbiz.de/10012911754
This is a preliminary draft of the last of the eight chapters in a book titled Politics as a Peculiar Business: Public Choice in a System of Entangled Political Economy. This chapter ventures modestly into hortatory territory, in contrast to the explanatory focus of the preceding chapters. It...
Persistent link: https://www.econbiz.de/10013048024
This is a preliminary draft of the fourth of what will be eight chapters in a book titled Politics as a Peculiar Business: Public Choice in a System of Entangled Political Economy. This chapter starts by explaining that a universal feature of competition is its selection for excellence among...
Persistent link: https://www.econbiz.de/10013048026
It is common for scholars to describe institutions as “rules of the game.” This description entails a separation between a society and its rules. Social change thus results as societies amend their framing rules. This paper explores that common treatment of institutions as rules with a...
Persistent link: https://www.econbiz.de/10014097899
Public finance entails two distinct research programs with incongruent hard cores. A scholar can work within both programs but not at the same instant because of that incongruity. One program sets public finance inside welfare economics. It received its canonical expression from Francis...
Persistent link: https://www.econbiz.de/10014083639
Economic theory emerges through interaction among interested participants, with the content of those theories being a product of spontaneous ordering and not scientific planning. At any moment, it is reasonable to expect various theoretical formulations to be in play, some typically receiving...
Persistent link: https://www.econbiz.de/10014167613
Liberalism Transcend the Distinction Between Reason and Sentiment?-Dave Hebert -- Mr. President, Tear Down This Fence-Jim Caton … Entanglement-Kevin Vallier.-Trust, Polarization, and Affective Looping: The Emotional Decay of Liberalism-Vlad Tarko -- Economic … of liberalism. Bringing together classical liberal scholars with a deep knowledge of public choice ideas, the chapters …
Persistent link: https://www.econbiz.de/10014415144
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