Are estimates typically closer to the true parameter value when those estimates are published in highly-ranked economics journals? Using 14,387 published estimates from 24 large literatures, we find that, within literatures, the mean and variance of parameter estimates have little or no...

This paper contrasts two kinds of political economy, represented by welfare economics and social choice theory on the one hand and James M. Buchanan's constitutional political economy on the other hand. It posits that the difference between the two kinds has its roots in the different normative...

"The data from text digitization show that "liberal" acquired a sustained political signification for the first time around 1769: the liberal policy principles of Adam Smith and his associates. The bodies of evidence include: (1) the non-occurrence in English prior to 1769 (with a few...

This study contributes to the growing debate over the narrow ideological discourse in economics education and calls for greater pluralism. Using a randomized controlled experiment with 2,735 economics students from 10 countries, we examine how authority and ideological biases - shaped by...

"This book addresses the crisis in modern governance as a result of increasing value diversity and argues that the ensuing societal and political tensions are most effectively managed using a polycentric political economy and a modus vivendi social philosophy. Expert authors discuss the social...