It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious...

Natural law and the Age of Reason -- Human nature and the dignity of the human person -- The classical school of economics and the birth of capitalism -- The romantic and socialist reactions to the Industrial Revolution -- Neoclassicism, the Keynesian revolution, and other sources of dissent --...

This book offers a vision of economics in which there is no place for universal laws of nature, and even for laws of a more probabilistic character. The author avoids interpreting the practice of economics as something that leads to the formulation of universal laws or laws of nature. Instead,...