This groundbreaking title brings together a critical selection of key papers by the Nobel Memorial Laureates in Economics that have helped shape the development and present state of economics. The editors have organised this comprehensive series by theme and focuses on those Laureates working in...

Buchanan's liberal theory of political economy : a valiant but failed effort to square the circle / Richard E. Wagner -- Buchanan on ethics and self-interest in politics : a contradiction or reconciliation? / Roger D. Congleton -- Constitutional hopes and post-constitutional fears : the role of...

1. Introduction -- 2. The Importance of Hayek and Friedman to the Neo-liberal Concept of Freedom -- 3. The Neo-liberal Concept of Freedom -- 4. Spheres of Government -- 5. The Rise of Neo-liberalism and Tyranny of Corporations -- 6. The Rise of Mass Consumption -- 7.The Rise of Neoliberalism and...

What is “Europe”? There exist European legal rules, emergent from the institutional structure constructed from the treaties negotiated among the separate nation-states over the half-century since World War II. The social reality that is Europe in 1996 remains far removed from the social...

Distributional politics in modern democracy involves the exploitation of minorities by majorities, and as persons rotate membership, all parties in the “game” lose. This result emerges only becausedifferences in treatment are permissible. If the principle ofgenerality (analogous to that...