"1.1 Introduction Taken separately, the contributions of the best-known principals of the early Virginia School of Political Economy - James Buchanan, Gordon Tullock, and Ronald Coase - are monuments of twentieth century economics. Yet despite their longstanding collaborations, significant...

This work examines the rise of postmodernism in management scholarship and argues that the prevalence of postmodernist thought reflects a lack of understanding by management researchers of the core principles upon which Western business endeavour is based. The author highlights postmodernism’s...

The Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of...