1. Thefounders 'republican cause' --2. Thecommercial republic --3.Autonomy ascendant --4. Thepublic philosophy of modern America --5. Theeconomic analogue --6. Afailed public philosophy --7. Thedecline of political economy --8.'Auxiliary precautions' in our time.

Machine generated contents note: 1. A prior ethical commitment 1 -- 2. Ends vs. means: consequentialism vs. contractarianism 14 -- 3. The consequentialist approach to government 28 -- 4. Enter the economists 33 -- 5. The efficiency standard, corruption and the growth of -- government 40 -- 6....

'This important book presents a compelling case that traditional received theory (Paretian-utilitarian) has followed a dangerous path - one not espoused by Adam Smith and Nobel Laureate James Buchanan. The latter viewed value and preferences as mutable (not "given") and believed that rights...

Modern liberalism asserts the transcendental, autonomous self's 'natural rights' against others' moralistic and political preferences, and regards the economist's utilitarian social welfare theory as instrumental to the achievement of 'social justice'. Timothy Roth argues that the liberal...

Adam Smith is widely regarded as the ‘founder of modern economics’. The author shows, however, that Smith’s procedurally based, consequence-detached political economy, an approach shared by America’s Founders, finds no expression in the economist’s utilitarian, procedurally-detached...