Political Economy and the Science of Association: A Suggested Reconstruction of Public Choice Through the Alliance of the Vienna, Virginia, and Bloomington Schools of Political Economy

14 Pages Posted: 8 Dec 2015  

Peter J. Boettke

George Mason University - Department of Economics

Nicholas A. Snow

Wabash College - Economics

Date Written: 2014

Abstract

We argue that in order to answer the challenges that James Buchanan put to contemporary political economists, a reconstruction of public choice theory building on the work of Buchanan, F.A. Hayek and Vincent Ostrom must take place. Absent such a reconstruction, and the significant challenges that Buchanan raised will continue to go unmet.

Keywords: Austrian economics; Constitutional political economy; Spontaneous order

JEL Classification: B53; D70

Suggested Citation

Boettke, Peter J. and Snow, Nicholas A., Political Economy and the Science of Association: A Suggested Reconstruction of Public Choice Through the Alliance of the Vienna, Virginia, and Bloomington Schools of Political Economy (2014). Review of Austrian Economics, Vol. 27, No. 1, 2014, pp. 97-110.. Available at SSRN: https://ssrn.com/abstract=2699989

Peter J. Boettke (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)

Nicholas A. Snow

Wabash College - Economics ( email )

P.O. Box 352
Crawfordsville, IN 47933-0352
United States

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