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I have been asked to explore how James Buchanan’s work on public finance and constitutional political economy might have emerged out of themes present in Frank Knight’s oeuvre, especially his Risk Uncertainty, and Profit. Buchanan’s body of work has inspired the development of a style of...
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This paper evaluates the contribution of Risk, Uncertainty, and Profit to the development ofeconomic theory in the 20th … equilibrium. This first approach is distinctfrom a second approach, referred to as price theory, in which prices are not …
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contributions of Keynes. In particular it is argued that the systematic use of probabilistic causality in the General Theory is … deeply rooted into the theory of probabilistic causality outlined in the Treatise on Probability which is based on the …
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between the rise of risk management and neoliberalism? Drawing on various political economy approaches, this volume addresses …
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of Ignorance: Housing Struggles in Austerity Britain -- Introduction -- Revanchism as a Theory of Class Struggle -- The …
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