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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
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
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
This essay explores the legacy of James Buchanan and Gordon Tullock as it pertains to the establishment of public choice as a field of scholarly inquiry. The Calculus of Consent is surely the Ur-text for capturing that legacy, yet that legacy can be discerned in two distinct directions. One...
Persistent link: https://www.econbiz.de/10013106609
This essay commemorates James M. Buchanan's life and work by reflecting on my 50 years of association with him, starting in 1963 when I entered graduate school at the University of Virginia and ending with his death in 2013. This essay does not try to add to the substantial secondary literature...
Persistent link: https://www.econbiz.de/10013052457