Taking James Buchanan’s 1963 presidential address to the Southern Economic Association as our point of departure, we summarize some of the contributions to the literatures of economics and political science that responded over the next 50 years to his challenge to concentrate on “exchange”...

The growth of knowledge literature acknowledges the importance of the institutional context of science for the discovery of knowledge. This chapter argues that in addition to the institutions that connect experts, the institutional context that exists between experts and their subjects...