In a recent article, William Darity, M’Balou Camara, and Nancy MacLean (2023) argue that economist W.H. Hutt was a white supremacist. In the course of their analysis, Darity et al. refer to a claim Hutt made about “exclusive clubs”, that they link to James Buchanan’s article on clubs...

Written by James Buchanan in the early 1970s, “The Samaritan's Dilemma” is a pessimistic essay, marked by his author's negative views about the situation in Western societies at that time. Yet, the situation described in this essay also fits into Buchanan’s approach of cooperation and...

Richard A. Posner was the most important actor in the transformation from “law and economics” to an “economic analysis of law”. Posner applied Chicago price theory to the analysis of law and legal rules. He not only contributed to the field but also structured it. This is what this...

In this paper, we study the impact of altruism on an interaction between a samaritan and a recipient/parasite in the frame of Buchanan's samaritan's dilemma (1975). We show that, as soon as altruism reaches a certain threshold, the equilibrium of the game corresponds to the situation Buchanan...