Peter J. Boettke and Solomon M. Stein (eds.), Buchanan’s tensions: reexamining the political economy and philosophy of James M. Buchanan, Arlington, VA: Mercatus Center at George Mason University, 2018, 204 Pages, USD 16.95 (paperback)

Cowen, Nick and Trantidis, Aris (2022) Peter J. Boettke and Solomon M. Stein (eds.), Buchanan’s tensions: reexamining the political economy and philosophy of James M. Buchanan, Arlington, VA: Mercatus Center at George Mason University, 2018, 204 Pages, USD 16.95 (paperback). Public Choice, 191 (1-2). pp. 277-283. ISSN 0048-5829

Full content URL: https://doi.org/10.1007/s11127-022-00956-8

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Peter J. Boettke and Solomon M. Stein (eds.), Buchanan’s tensions: reexamining the political economy and philosophy of James M. Buchanan, Arlington, VA: Mercatus Center at George Mason University, 2018, 204 Pages, USD 16.95 (paperback)
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Abstract

F.A. Hayek, James Buchanan, and Elinor Ostrom are three intellectual giants of the 20th century. Each has contributed to reviving the tradition of liberal political economy and the ideal of self-governance. It would be easy for contemporary liberal exponents to slip into hagiography when inheriting such a powerful set of arguments. This book series, Tensions in Political Economy, fortunately takes a different tack. A diverse array of scholars offer nuanced and critical examinations of the weaknesses and incoherencies of these great thinkers. Undertaking this venture shows that classical liberal political economy is both a mature and resilient research program securely in the hands of contemporary developers who are eager to revisit and improve even on its fundamental assumptions. The focus on tensions, as it turns out, is also an efficient way of elaborating several core ideas of these thinkers. The result is a provocative and stimulating series of overlapping discussions. While the novel contributions range across philosophy and the social sciences, in the interests of 'market fit' we focus our remarks on how the ideas relate to key controversies in public choice.

Keywords:classical liberalism, ostrom, hayek, Buchanan, Public choice, Boettke, self-governance
Subjects:L Social studies > L100 Economics
L Social studies > L171 Capitalism
L Social studies > L150 Political Economics
L Social studies > L170 Economic Systems
L Social studies > L211 Liberalism
Divisions:College of Social Science > School of Social & Political Sciences
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ID Code:49956
Deposited On:30 Jun 2022 08:31

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