The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the standard legitimization of redistribution as fundamental...

Gordon Tullock’s impact as a scholar was far broader than his own research because he was an initiator of new fields of research rather than one who modestly extended pre-existing pastures. His import as founding editor of Public Choice, as an ambassador for public choice, and as a teacher,...

This article challenges the traditional argument for the state that holds that because the market is unable to supply the rule-making, adjudicative, and enforcement services that are essential to life in society, the state must, and hence is morally justified. The author argues that the market's...