The Economics and the Ethics of Constitutional Order

The Economics and the Ethics of Constitutional Order PDF Author: James M. Buchanan
Publisher: University of Michigan Press
ISBN: 9780472102228
Category : Economics
Languages : en
Pages : 270

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Book Description
Nobel Laureate James Buchanan questions how people can live together in peace, prosperity, and justice

The Economics and the Ethics of Constitutional Order

The Economics and the Ethics of Constitutional Order PDF Author: James M. Buchanan
Publisher: University of Michigan Press
ISBN: 9780472102228
Category : Economics
Languages : en
Pages : 270

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Book Description
Nobel Laureate James Buchanan questions how people can live together in peace, prosperity, and justice

Method and Morals in Constitutional Economics

Method and Morals in Constitutional Economics PDF Author: Geoffrey Brennan
Publisher: Springer Science & Business Media
ISBN: 3662048108
Category : Political Science
Languages : en
Pages : 576

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Book Description
This Festschrift was "presented" in electronic form to Buchanan on the occasion of his eightieth birthday on October 3, 1999, after dinner in Fairfax, Virginia. As one might have expected, the response to our call for papers was vo luminous. In looking over the many contributions, we felt that a "published" Festschrift was also possible and fitting for the eightieth birthday of so prodi gious and influential a scholar as Professor Buchanan. To that end we have assembled the following volume. In selecting the papers to be included here we have basically tried to choose those papers which in some way bear on Buchanan's contributions. Perfectly good papers about issues not related to Buchanan's research agenda or not referring directly to Buchanan's work were not included. Space constraints did not allow universal coverage, so choices had to be made. It should be stated clearly that these were our choices based on the criterion that the contribution be relevant to Buchanan's work. Buchanan had nothing whatsoever to do with the selection of papers for this volume. Once choices had been made, we arranged the papers by subject matter ranging from various aspects of Buchanan's work in economics, political science, philosophy, and related areas, to some more personal recollections of Jim as a professor, friend, and colleague. Including the latter material was also our decision, and this probably represents a choice with which Jim would not have agreed. We think, however, that the reader will find these pieces interesting and informative.

The Ethics and the Economics of Minimalist Government

The Ethics and the Economics of Minimalist Government PDF Author: Timothy P. Roth
Publisher: Edward Elgar Publishing
ISBN: 1843765594
Category : Business & Economics
Languages : en
Pages : 142

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Book Description
. . . Roth s book is useful and valuable. Using modern secular thought as his starting point, he reaches roughly the same conclusions that one would reach reasoning from the older Christian tradition. There is certainly much to like about that effort. Paul A. Cleveland, Markets & Morality This book is one of the best discussions of welfare economics since Murray Rothbard s classic paper of 1956 Toward a Reconstruction of Utility and Welfare Economics . David Gordon, The Mises Review Timothy Roth shows that social welfare theory, as currently defended by welfare economists and policymakers, is based on a confused and untenable moral theory, is incompatible with a rights-based legal order and is bound to promote unjust and arbitrary redistributions. By advocating a return to the Kantian conception of the moral agent, Roth shows the way to a normative economics that harmonizes with both intuitive morality and the American legal and constitutional tradition. Roger Scruton, Writer and Philosopher, formerly University Professor and Professor of Philosophy at Boston University, US The moral imperative of individual autonomy, embodied in the Kantian Rawlsian perspective on social order, cannot be reconciled with the utilitarian presuppositions that inform normative applications of modern economics. This book exposes the contradictions that are present when the basic philosophical foundations are ignored, a stance that is, unfortunately, characteristic of much modern discourse as well as political practice. James M. Buchanan, George Mason University, US and a Nobel Laureate At a time when technical economics dominates the thinking of much of the profession, it is important to be reminded that economics has roots in moral philosophy. Certainly this book, which deftly explores the ethical prior commitments underlying economic analysis, succeeds in bringing philosophical issues to the forefront. But it does more. Roth s closely reasoned study provides a clear exposition of the Kantian Rawlsian approach to public policy, and thus is able to establish a convincing critique of orthodox welfare theory. In general, the book offers a valuable change of perspective on social questions. Eirik G. Furubotn, Texas A&M University, US Because it is technically flawed and morally bankrupt, the author argues, the economist s consequence-based, procedurally detached theory of the state has contributed to the growth of government. As part of the Kantian Rawlsian contractarian project, this book seeks to return economics to its foundations in moral philosophy. Given the moral equivalence of persons, the greatest possible equal participation must be promoted, persons must be impartially treated and, because it is grounded in consequentialist social welfare theory (SWT), the economist s theory of the state must be rejected. Ad hoc deployment of SWT has facilitated discriminatory rent seeking and contributed to larger government. In contrast, this book argues that equal political participation and a constitutional impartiality constraint minimize rent seeking, respect individual perceptions of the public good and underwrite the legitimacy of government. Economists, moral philosophers and political scientists will find this book a unique contribution to the literature.

Morality, Political Economy and American Constitutionalism

Morality, Political Economy and American Constitutionalism PDF Author: Timothy P. Roth
Publisher: Edward Elgar Publishing
ISBN: 1847205526
Category : Political Science
Languages : en
Pages : 194

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Book Description
The book goes on to explore and expound the Founders¿ desire to promote respect for the moral law, their appreciation of the reciprocal relationship between morality and law, andtheir commitment to the promotion of justice in the sense of impartial institutions; ideas which find expression in contractarian, constitutional political economy.

The Calculus of Consent

The Calculus of Consent PDF Author: James M. Buchanan
Publisher: Selected Works of Gordon Tullo
ISBN: 9780865975323
Category : Political Science
Languages : en
Pages : 0

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Book Description
The Calculus of Consent, the second volume of Liberty Fund's The Selected Works of Gordon Tullock, is a reprint edition of the ground-breaking economic classic written by two of the world's preeminent economists--Gordon Tullock and Nobel Laureate James M. Buchanan. This book is a unique blend of economics and political science that helped create significant new subfields in each discipline respectively, namely, the public choice school and constitutional political economy. Charles K. Rowley, Duncan Black Professor of Economics at George Mason University, points out in his introduction, "The Calculus of Consent is, by a wide margin, the most widely cited publication of each coauthor and, by general agreement, their most important scientific contribution." The Calculus of Consent is divided into four parts, each consisting of several chapters. The introduction by Professor Rowley provides a short overview of the book and identifies key insights that permeated the bounds of economics and political science and created an enduring nexus between the two sciences. Part I of The Calculus of Consent establishes the conceptual framework of the book's subject; part II defines the realm of social choice; part III applies the logic developed in part II to describe a range of decision-making rules, most notably, the rule of simple majority; and part IV explores the economics and ethics of democracy. Gordon Tullock is Professor Emeritus of Law at George Mason University, where he was Distinguished Research Fellow in the Center for Study of Public Choice and University Professor of Law and Economics. He also taught at the University of South Carolina, the University of Virginia, Rice University, Virginia Polytechnic Institute and State University, and the University of Arizona. In 1966 he founded the journal that became Public Choice and remained its editor until 1990. James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and is considered one of the greatest scholars of liberty of the twentieth century. He is also Professor Emeritus at George Mason and Virginia Tech Universities. Charles K. Rowley was Duncan Black Professor of Economics at George Mason University and a Senior Fellow of the James M. Buchanan Center for Political Economy at George Mason University. He was also General Director of the Locke Institute.

Deliberation and Decision

Deliberation and Decision PDF Author: Anne van Aaken
Publisher: Routledge
ISBN: 1351945491
Category : Law
Languages : en
Pages : 464

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Book Description
Deliberation and Decision explores ways of bridging the gap between two rival approaches to theorizing about democratic institutions: constitutional economics on the one hand and deliberative democracy on the other. The two approaches offer very different accounts of the functioning and legitimacy of democratic institutions. Although both highlight the importance of democratic consent, their accounts of such consent could hardly be more different. Constitutional economics models individuals as self-interested rational utility maximizers and uses economic efficiency criteria such as incentive compatibility for evaluating institutions. Deliberative democracy models individuals as communicating subjects capable of engaging in democratic discourse. The two approaches are disjointed not only in terms of their assumptions and methodology but also in terms of the communication - or lack thereof - between their respective communities of researchers. This book provides a comprehensive overview of the recent debate between the two approaches and makes new and original contributions to that debate.

Method and Morals in Constitutional Economics

Method and Morals in Constitutional Economics PDF Author: Professor of Social and Political Theory Geoffrey Brennan
Publisher: Springer
ISBN: 9783662048115
Category :
Languages : en
Pages : 592

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Book Description


Choice, Contract, and Constitutions

Choice, Contract, and Constitutions PDF Author: James M. Buchanan
Publisher:
ISBN: 9780865972438
Category : Business & Economics
Languages : en
Pages : 473

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Book Description
Constitutional political economy is the theme of the papers collected in this volume. This entire area of contemporary economic thought is a legacy of James M. Buchanan. In outlining the importance of this volume to the contemporary study of economics and to the work of James M. Buchanan, Robert D. Tollison states in his foreword, "Buchanan literally founded the field of constitutional political economy. . . . [His] insistence on the importance of rules was an important innovation in economics, and, over the past thirty years or so, the analytical and empirical relevance of Buchanan’s constitutional perspective has become apparent.” The thirty-five papers represented in this volume are grouped into these major subject categories: 1.Foundational Issues 2.The Method of Constitutional Economics 3.Incentives and Constitutional Choice 4.Constitutional Order 5.Market Order 6.Distributional Issues 7.Fiscal and Monetary Constitutions 8.Reform For Buchanan, his work in constitutional political economy is just the first step. He is concerned with inducing economists and other scholars to take the constitutional problem seriously. As they do, says Robert D. Tollison, "the face of modern economics will be changed.” James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and is considered one of the greatest scholars of liberty in the twentieth century. The entire series will include: Volume 1: The Logical Foundations of Constitutional Liberty Volume 2: Public Principles of Public Debt Volume 3: The Calculus of Consent Volume 4: Public Finance in Democratic Process Volume 5: The Demand and Supply of Public Goods Volume 6: Cost and Choice Volume 7: The Limits of Liberty Volume 8: Democracy in Deficit Volume 9: The Power to Tax Volume 10: The Reason of Rules Volume 11: Politics by Principle, Not Interest Volume 12: Economic Inquiry and Its Logic Volume 13: Politics as Public Choice Volume 14: Debt and Taxes Volume 15: Externalities and Public Expenditure Theory Volume 16: Choice, Contract, and Constitutions Volume 17: Moral Science and Moral Order Volume 18: Federalism, Liberty, and the Law Volume 19: Ideas, Persons, and Events Volume 20: Indexes

Constitutional Economics

Constitutional Economics PDF Author: Stefan Voigt
Publisher: Cambridge University Press
ISBN: 1108486886
Category : Business & Economics
Languages : en
Pages : 153

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Book Description
This concise survey of the questions, methods, and empirical findings central to constitutional political economy fills a gap in the literature of political economy. Voigt, a pioneer of the field, demonstrates how constitutional rules affect political economy, appealing to both scholars of the field and readers with no familiarity of the topic.

Order Ethics: An Ethical Framework for the Social Market Economy

Order Ethics: An Ethical Framework for the Social Market Economy PDF Author: Christoph Luetge
Publisher: Springer
ISBN: 3319331515
Category : Philosophy
Languages : en
Pages : 366

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Book Description
This book examines the theoretical foundations of order ethics and discusses business ethics problems from an order ethics perspective. Order ethics focuses on the social order and the institutional environment in which individuals interact. It is a well-established paradigm in European business ethics. The book contains articles written by leading experts in the field and provides both a concise introduction to order ethics and short summary articles homing in on specific aspects of the order-ethical paradigm. It presents contributions describing fundamental concepts, historical roots, and the economic, social, and philosophical background of the theory. The second part of the handbook focuses on the theory's application in business, society, and politics, casting new light on an array of topics that loom large in contemporary ethical discourse.​