Market failures, which are usually viewed as a consequence of self-interest, are also supposed to be a major justification for coercive state interventions. This was the view of, among others, Richard Musgrave and Paul Samuelson, but not of James Buchanan. The latter certainly admitted that...

To what extent is a prevalent social order that is constructed upon the freedom of the individual impacted by decisions taken in the domain of positive economics? How does the Hobbesian reductionist view of the state of nature correlate to the Kantian view of self-ruled individualism expressed...