Promoting the General Welfare: Political Economy for a Free Republic
Richard E. Wagner
George Mason University - Department of Economics
October 1, 2010
GMU Working Paper in Economics No. 10-28
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 terms of polycentric processes of interaction. The origin of the American republic reflected a political economy of liberty, and this paper explores some of the cognitive and valuational issues that arise in exploring how political economy might be pursued in the service of liberty.
Number of Pages in PDF File: 41
Keywords: Constitutional Political Economy, Orders vs. Organizations, Emergent Transformation, Samaritan’s Dilemmas and Regime Drift
JEL Classification: D63, D70, H11working papers series
Date posted: October 3, 2010
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