Monograph Chapter
In Anarchy, State and Public Choice
Edited by Edward Stringham
- Published in print:
- 20 Dec 2005
Collection:
Economics 2010 and before
Edited by Edward Stringham
The book reprints the main articles from the 1972 volume Explorations in the Theory of Anarchy, and contains a response to each chapter, as well as new comments by Gordon Tullock, James Buchanan, Jeffrey Rogers Hummel and Peter Boettke. The younger economists are notably less pessimistic about markets and more pessimistic about government than their predecessors. Much of the new analysis suggests that private property rights and contracts can exist without government, and that even though problems exist, government does not seem to offer a solution. Might anarchy be the best choice after all? This provocative volume explores this issue in-depth and provides some interesting answers.
Handbook Chapter
In Handbook on Contemporary Austrian Economics
Edited by Peter J. Boettke
- Published in print:
- 31 Aug 2010
Collection:
Economics 2010 and before
Nicholas A. Curott and Edward Peter Stringham
Handbook Chapter
In Handbook on the Economics of Crime
Edited by Bruce L. Benson and Paul R. Zimmerman
- Published in print:
- 30 Sep 2010
Collection:
Economics 2010 and before
Todd J. Zywicki and Edward P. Stringham
Is the common law efficient? Neoclassical economists debate whether our inherited systems of judge-made law maximize wealth whereas Austrian economists typically adopt much different standards. The chapter reviews neoclassical and Austrian arguments about efficiency in the common law. After presenting Hayek’s views on the common law as a spontaneous order it concludes that the common law can indeed be viewed as a spontaneous order only when judges provide their services in a free and competitive system.
Handbook Chapter
In Research Handbook on Austrian Law and Economics
Edited by Todd J. Zywicki and Peter J. Boettke
- Published:
- 29 December 2017
Collection:
Law 2017
