Research Catalog
Towards an economics of natural equals : a documentary history of the early Virginia school
- Title
- Towards an economics of natural equals : a documentary history of the early Virginia school / David M. Levy, George Mason University, Sandra J. Peart, University of Richmond.
- Author
- Levy, David M., 1944-
- Publication
- Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2020.
- ©2020
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| Status | Format | Access | Call Number | Item Location |
|---|---|---|---|---|
| Text | Use in library | HB846.8 .L48 2020 | Off-site |
Details
- Additional Authors
- Peart, Sandra J.
- Description
- xvi, 292 pages : illustrations (chiefly color); 24 cm
- Summary
- "1.1 Introduction Taken separately, the contributions of the best-known principals of the early Virginia School of Political Economy - James Buchanan, Gordon Tullock, and Ronald Coase - are monuments of twentieth century economics. Yet despite their longstanding collaborations, significant differences characterize the research programs of Buchanan, Tullock, and Coase. Other prominent members of the early Virginia School, especially Rutledge Vining and Warren Nutter, add even more variation to the so-called School, so much so that one wonders if they are properly characterized as a "School." The first question for a work on the Virginia School, then, is what beyond geographical proximity unites the works of Virginia political economists? Second, supposing a satisfactory answer to this question, how does the Virginia School relate to orthodox economics? As this study unfolds, it will become clear that, notwithstanding significant differences of approach and research questions, unifying threads run through the works of the Virginia School economists. These features separate the Virginia School from mainstream economics and from the Chicago School with which it is often identified. We begin by specifying the orthodoxy in order to sketch how Buchanan and his colleagues departed from it"--
- Subject
- Genre/Form
- History.
- Bibliography (note)
- Includes bibliographical references and index.
- Contents
- Cover -- Half-title page -- Frontispiece -- Title page -- Copyright page -- Dedication -- Contents -- List of Figures -- List of Tables -- Preface -- Acknowledgments -- 1 Why the Virginia School of Political Economy Matters -- 1.1 Introduction -- 1.2 Virginia Political Economy -- 1.3 Against Efficiency: James Buchanan versus Kenneth Arrow -- 1.4 Katallactics: The Science of Natural Equals -- 1.5 Where Is the Economist? -- 1.6 Conclusion -- Appendix 1.1 Warren Nutter to Ronald Coase, 4 December 1956 -- Appendix 1.2 James Buchanan to Mancur Olson, 8 November 19715058 2 James Buchanan and the Return to an Economics of Natural Equals -- 2.1 Introduction -- 2.2 Learning from Adam Smith -- 2.3 The Economics of Natural Differences -- 2.4 Challenging George Stigler -- 2.5 John Rawls and Adam Smith -- 2.6 Conclusion -- Appendix 2.1 The Early John Rawls-James Buchanan Correspondence -- Appendix 2.2 James Buchanan to Gordon Tullock, 3 March 1971 -- 3 "Almost Wholly Negative": An Early Reaction to the Virginia School -- 3.1 Introduction -- 3.2 The Thomas Jefferson Center Proposal to the Ford Foundation -- 3.3 The Aftermath: Correspondence5058 3.4 The Methodological Defense -- 3.5 Conclusion -- Appendix 3.1 Thomas Jefferson Center for Studies in Political Economy, "Request for Financial Assistance," May 1960 -- Appendix 3.2 Ford Foundation, New York. Inter-Office Memorandum, Marian Chamberlain to Kermit Gordon, 11 August 1960 -- Appendix 3.3 Warren Nutter to Ronald Coase, 31 August 1960 -- Appendix 3.4 James Buchanan to Ronald Coase, 1 September 1960 -- Appendix 3.5 [James Buchanan] "Memorandum of Conversation with Ford Foundation, 31 August 1960." 1 September 1960 -- Appendix 3.6 Ronald Coase to Kermit Gordon, 17 September 1960
- ISBN
- 9781108428972
- 1108428975
- LCCN
- 2019020906
- OCLC
- on1121420127
- 1121420127
- SCSB-9661085
- Owning Institutions
- Princeton University Library