Economics: Between Predictive Science and Moral Philosophy |
Contents
Positive Economics Welfare Economics and Political Economy | 3 |
What Should Economists Do? | 21 |
Is Economics the Science of Choice? | 35 |
Copyright | |
22 other sections not shown
Other editions - View all
Economics: Between Predictive Science and Moral Philosophy James M. Buchanan No preview available - 1987 |
Common terms and phrases
action activity Adam Smith allocation alternative analysis applied approach argument assumed assumption behavior Buchanan budget calculus Calculus of Consent choose collective collectivization conception constitutional constraints construction consumption cost course criterion curve decision defined discussion economic theory economists effects efficiency Einaudi empirical equal exchange exist external economies finance fiscal theory Gordon Tullock homo economicus hypotheses implications imposed income institutions interest Italian Keynesian Keynesian economics Knut Wicksell Laffer curve majority marginal cost marginal evaluation maximization modern moral community moral order normative observed opportunity cost optimal organization Pareto optimality persons Pigovian political economy position possible postulate potential predicted preference principle problem productivity purely rational Rawls relative relevant remains restricted revenue rules sense setting shift social welfare function society structure suggest tax-price taxation tion Tullock utility function Viti voting welfare economics Wicksellian