Abstract
Although cloistered away for almost two decades now, out of communication with almost all of my old friends, I find no difficulty in recalling the lively, penetrating, and unique mind of Jim Buchanan. What most distinguished Jim to me was his appreciation for sensible novelty. The Jim I remember was quick to recognize the oppressive power of intellectual tradition and rebelled against it whenever it became clear that the tradition posed a substantial barrier to a rational understanding of the world around us. Along with this basic iconoclasm came an unusual appreciation for seeing old things in a new light. No matter how much an idea grated against his basic instincts, he appreciated an idea if it amounted to a logical and empirically meaningful attack on a traditional belief.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Apostol, T.M.: Mathematical Analysis, Reading MA (Addison Wesley) 1957. Berge, C.: Topological Spaces, Including a Treatment of Multi-valued Functions, Vector Spaces and Convexity, Edinburgh (Oliver and Boyd) 1963.
Blackorby, C., D. Nissen, D. Primont, And R.R. Russell: “Consistent Intertemporal Decision Making,” Review of Economic Studies, Apr. 1972, pp. 239–48.
Buchanan, James M.: Freedom in Constitutional Conact: Perspectives of a Political Economist, College Station, TX and London (Texas A and M University Press) 1977, pp. 4–5.
Goldman, S.M.: “Consistent Plans,” Review of Economic Studies, 148 (Apr. 1980), pp. 533–39.
Hammond, P.J.: “Changing Tastes and Coherent Dynamic Choice”, Review of Economic Studies, 133 (Feb. 1976), pp. 159–73.
Marschak, J. And Radner, R.: Economic Theory of Teams, New Haven (Yale University Press) 1972.
Nikaido, H.: Convex Structure and Economic Theory, New York (Academic Press) 1968.
Peleg, B., AND M.E. Yaaiu: “On the Existence of a Consistent Course of Action
When Tastes are Changing“, Review of Economic Studies,July 1973, pp. 391–402.
Pollak, R.A.: “Consistent Planning”, Review of Economic Studies, 102 (Apr. 1968), pp. 202–08.
Strotz, R.H.: “Myopia and Inconsistency Under Dynamic Utility Maximization”, Review of Economic Studies, 23 (1956), pp. 165–80.
Thaler, R.H., AND H.M. Shefron: “An Economic Theory of Self Control”, Journal of Political Economy, 89 (Apr. 1981), pp. 392–406.
Thompson, E.A., AND R.L. Faith: “A Pure Theory of Strategic Behavior and Social Institutions”, American Economic Review, 71 (June 1981), pp. 366–81.
Von Neumann, J., And O. Morgenstern: Theory of Games and Economic Behavior, 3rd ed., Princeton (Princeton University Press) 1953.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2002 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Thompson, E.A. (2002). An Invisible Hand Theorem for Collectivists. In: Brennan, G., Kliemt, H., Tollison, R.D. (eds) Method and Morals in Constitutional Economics. Studies in Economic Ethics and Philosophy. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-04810-8_18
Download citation
DOI: https://doi.org/10.1007/978-3-662-04810-8_18
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-07551-3
Online ISBN: 978-3-662-04810-8
eBook Packages: Springer Book Archive