Showing 1 - 10 of 48
This essay uses entangled political economy to explore how concerns over Covid-19 have influenced conduct within the public square. Entangled political economy represents a merging of ideas that Frank Knight (1933) and Harold Lasswell (1936) set forth to indicate that politics and economics...
Persistent link: https://www.econbiz.de/10014524058
This essay is a keynote address prepared for a conference on "Entangled Political Economy" sponsored by the Wirth Institute. In keeping with the conventions of such an address, I look both backward and forward while placing more emphasis on looking forward. In looking backward, I compare and...
Persistent link: https://www.econbiz.de/10014165175
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
Thought experiments have long been employed as a technique of analytical thinking where the theorist poses “what if” questions to some articulated model. The entities in those models are typically aggregate variables, though sometimes those variables masquerade as individuals by adopting...
Persistent link: https://www.econbiz.de/10014106834
This is the Preface to the preliminary draft of my eight-chapter book, Politics as a Peculiar Business: Public Choice in a System of Entangled Political Economy. The Preface undertakes two tasks. First, it explains primary differences between the framework this book adopts and that adopted by...
Persistent link: https://www.econbiz.de/10014142532
This is a preliminary draft of the second 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 sets forth the framework to be developed and elaborated in the remaining chapters. The subtitle...
Persistent link: https://www.econbiz.de/10014143720
This is a preliminary draft of the first 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 explores some issues regarding the scholarly location of what is often described as the Virginia...
Persistent link: https://www.econbiz.de/10014143721
Entrepreneurship is the economic source of change in society. While it is ubiquitous, its particular qualities depend on the system of political economy in which it operates. We distinguish between two systems of democratic political economy. One system is the classically liberal system where...
Persistent link: https://www.econbiz.de/10012940126
This paper uses Vincent Ostrom's treatment of government as entailing a Faustian bargain to explore some challenges that confront the research program he pursued in the theory of human association. To enable this exploration, I replace the standard resort to the law of the excluded middle with...
Persistent link: https://www.econbiz.de/10012962762
This paper presents the preface and first chapter of my book on James M. Buchanan, which should be out in late 2017, published by Lexington. This chapter introduces Buchanan to those who don't know him, or who know him only in terms of individual pieces of work they have encountered. I portray...
Persistent link: https://www.econbiz.de/10012962764