Tag Archives: James Buchanan

[James] Buchanan (who won a Nobel 1986) is the kind of economist that did not disguise he read and engaged with philosophers (especially Rawls) throughout his life.… Digressions&ImpressionsOn James Buchanan (yeah that one!), European Greatness and the fate of Good IdeasEric Schliesser | Professor of Political Science, University of Amsterdam’s (UvA) Faculty of Social and Behavioural Sciences

[embedded content] Author of a great book on James Buchanan, that is certainly worth reading. The whole thing is related to Buchanan's constitutional economics and how it underpins the Koch's strategy to take over the country (and Pence is their guy, btw). The American Legislative Exchange Council (ALEC) that has been so influential in the far- right conservative movement take over of US politics at the State and local level (see this old piece in The Atlantic, or this in The Nation) has a...

More than a century ago, the effective operation of the public economy was a significant, active concern of economists. With the insurgence of market-centrism and rational choice economics, however, government was devalued, its role circumscribed and seen from a perspective of “market failure.” As Backhouse (2005) has shown, the transformation in economic thinking in the latter half of the 20th century led to a “radical shift” in worldview regarding the role of the state. The very idea of a...