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This essay stems from Jim Dorn's invitation to encapsulate my recent book, Politics as a Peculiar Business: Insights from a Theory of Entangled Political Economy (Cheltenham, UK: Edward Elgar, 2016). Where standard political economy treats states as singular entities that intervene into...
Persistent link: https://www.econbiz.de/10012986455
This paper discusses the unique features of Austrian economics and some of the recent contributions of this school of thought. We organize these contributions in different research “buckets” in the hope that this will be a useful guide to readers while demonstrating the ongoing relevance of...
Persistent link: https://www.econbiz.de/10014260541
Most public finance theorizing treats its material of public finance as reflecting some ruler's optimizing choices. Within democratic regimes this ruler is typically a median vote. While this approach has tractability on its side, it achieves that tractability by presenting caricatures of...
Persistent link: https://www.econbiz.de/10014181609
The provision of public goods is often used to justify the state. Since many highly-valued goods such as education, national defense, roads, etc., possess some public characteristics (i.e. non-rivalry and non-excludability), standard theory predicts such goods will be underprovided by private...
Persistent link: https://www.econbiz.de/10014155448
We have been asked to examine the individualism-holism dichotomy within economics. We pursue this examination by probing the contours of several dichotomies that recur throughout the resulting debates over method. The primary dichotomy concerns whether society is properly an analytical object...
Persistent link: https://www.econbiz.de/10014081358
Public finance entails two distinct research programs with incongruent hard cores. A scholar can work within both programs but not at the same instant because of that incongruity. One program sets public finance inside welfare economics. It received its canonical expression from Francis...
Persistent link: https://www.econbiz.de/10014083639
This paper presents the preface and first chapter of my book on James M. Buchanan, which should be out in late 2017, published by Lexington. This chapter introduces Buchanan to those who don't know him, or who know him only in terms of individual pieces of work they have encountered. I portray...
Persistent link: https://www.econbiz.de/10012962764
Non-violent action entails exerting power to bring about change through means which avoid the use of physical force. Examples include protests, boycotts, civil disobedience, and non-cooperation, among others. Although it is possible for a single individual to engage in non-violence, larger-scale...
Persistent link: https://www.econbiz.de/10012912037
This paper explores a political economy of liberty, in contrast to the customary pursuit of a political economy of control. Where a political economy of control theorizes in hierarchical fashion by postulating the state as a singular locus of control, a political economy of liberty theorizes in...
Persistent link: https://www.econbiz.de/10013137562
The growth of the 17th century French state contributed to the establishment to a more regular, and even liberal legal order. Higher fiscal demands on the state led to a process of legal standardization that extended the rule of law. We use data on witch trials and taxation covering twenty-one...
Persistent link: https://www.econbiz.de/10013113949