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.‘This book is fantastic. It is a perfect blend of historical analysis, economics and legal theory, and should be on the bookshelf …
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1. Introduction -- 2. On the nature and scope of economic reasoning -- 3. Time, rationality, cooperation -- 4. Institutions -- 5. Social contracts and historical rules -- 6. Legitimacy and efficiency : an introduction to transaction costs and L&E -- 7. The normative agendas of the L&E approach...
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, requires that sometimes "freedom to choose" give way to other human values. William McGurn, a journalist and a Roman Catholic … political economy which always treated seriously the questions of morality, justice, productivity, and freedom. …
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