Economics and Beyond

  • David Reisman

Abstract

James Buchanan, reflecting on the substance of his own self-image as it was when in 1986 he was awarded the Nobel Prize in Economics, was capable of making a declaration which in other circumstances could all too easily have caused him to be ostracised as an eccentric and ridiculed as a crank:

I am not, and have never been, an ‘economist’ in any narrowly-defined meaning. My interest in understanding how the economic interaction process works has always been instrumental to the more inclusive purpose of understanding how we can learn to live one with another without engaging in Hobbesian war and without subjecting ourselves to the dictates of the state. The ‘wealth of nations’, as such, has never commanded my attention save as a valued by-product of an effectively free society.1

Keywords

Migration Income Smoke Sine Agglomeration 

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Notes and References

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8.1 Subjectivism

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8.2 The Mixed Economy

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8.3 Politics, Economics and Political Economy

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© David Reisman 1990

Authors and Affiliations

  • David Reisman

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