000 02446nam a2200373 i 4500
001 CR9781108571661
003 UkCbUP
005 20240301142637.0
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008 171017s2020||||enk o ||1 0|eng|d
020 _a9781108571661 (ebook)
020 _z9781108428972 (hardback)
020 _z9781108451765 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
043 _an-us-va
050 0 0 _aHB846.8
_b.L48 2020
082 0 0 _a330.15
_223
100 1 _aLevy, David M.,
_d1944-
_eauthor.
245 1 0 _aTowards an economics of natural equals :
_ba documentary history of the early Virginia school /
_cDavid M. Levy, George Mason University, Virginia, Sandra J. Peart, University of Richmond.
264 1 _aCambridge, United Kingdom ; New York, NY :
_bCambridge University Press,
_c2020.
300 _a1 online resource (xvi, 292 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aTitle from publisher's bibliographic system (viewed on 16 Dec 2019).
520 _aThe Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of exchange among equals where the economist is only entitled to offer advice to citizens, not to dictators. The foundation of natural equality and consent explains the common themes of James Buchanan and John Rawls as well as Ronald Coase and the Fabian socialists. What orthodox economics treats as efficient racial discrimination violates the fair chance entitlement to which people consent in a market economy. The importance of replication stressed by Gordon Tullock, developing themes from Karl Popper, is another expression of natural equality since the foresight of replication induces care into research. The publication of previously unpublished correspondence and documentation allows the reader to judge recent controversy.
600 1 0 _aBuchanan, James M.
_xPolitical and social views.
650 0 _aSocial choice.
650 0 _aEconomics
_zVirginia
_xHistory.
700 1 _aPeart, Sandra J,
_eauthor.
776 0 8 _iPrint version:
_z9781108428972
856 4 0 _uhttps://doi.org/10.1017/9781108571661
999 _c9582
_d9582