I am an early riser, and I had finished my breakfast, brushed my teeth, and was on the way out the door of my Fairfax townhouse, when the telephone call from Stockholm came at 6:32 a.m. on 16 October 1986. My schedule called for a half-day's work at George Mason University before driving down...

My aim in this paper is to reinterpret Adam Smith's theory of economic interaction by assigning a central role to his foundational presumption that persons are natural equals. There are implications of this presumption to be drawn both for the behavioral adjustments that move the system toward...

In this volume, based on a week-long symposium at the University of Munich's Center for Economic Studies, two leading scholars of governmental economics debate their divergent perspectives on the role of government and its fiscal functions. James M. Buchanan, who was influential in developing...