Towards an Economics of Natural Equals (eBook)

A Documentary History of the Early Virginia School
Artikelnummer: 978-1-108-69175-8
Einband: Adobe Digital Editions
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The 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 The publication of previously unpublished correspondence and documentation allows the reader to judge recent controversy.

The 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 The publication of previously unpublished correspondence and documentation allows the reader to judge recent controversy.

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VerlagCambridge University Press
EinbandAdobe Digital Editions
Erscheinungsjahr2020
Seitenangabe0 S.
AusgabekennzeichenEnglisch
Masse9'877 KB
PlattformEPUB
AutorLevy, David M.

Über den Autor David M. Levy

David M. Levy: "Dr. Levy, who was born in Scranton, Pa., on April 27, 1892, received a bachelor's degree from Harvard in 1914 and an M.D. from the University of Chicago four years later. Began New York Practice in '27 He served his residency at the Chicago Psychopathic Hospital and the Cook County Hospital, then in 1923 organized and directed a mental-hygiene clinic for children at Michael Reese Hospital in Chicago. In 1926, after a visit to Switzerland, he introduced the Rorschach test to Americans. Dr. Levy came to New York as chief of staff of the New York Institute of Child Guidance in 1927 and worked there six years. In 1944 he helped establish the Columbia University Psychoanalytic Clinic for Training and Research. Later he served as an attending psychiatrist at the New York State Psychiatric Institute. For two years in the mid-1950's he taught clinical psychiatry at Columbia University." (from NYT March 4, 1977) He died March 1, 1977, New York City, New York, USA Bernhard J. Schmidt: Science and social psychologist, textbook author.

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