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
Peter J. Boettke
George Mason University - Department of Economics
Nicholas A. Snow
Wabash College - Economics
Review of Austrian Economics, Vol. 27, No. 1, 2014, pp. 97-110.
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.
Number of Pages in PDF File: 14
Keywords: Austrian economics; Constitutional political economy; Spontaneous order
JEL Classification: B53; D70
Date posted: December 8, 2015