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Series:   Elements in Austrian Economics

James Buchanan and Peaceful Cooperation

From Public Finance to a Theory of Collective Action

Published online by Cambridge University Press:  31 May 2024

Alain Marciano
Alain Marciano
Affiliation:
University of Montpellier

Summary

Buchanan believed that individuals are fundamentally willing to cooperate with others. It was at the center of his works in public finance in the late 1940s and early 1950s, and also crucial to his work in public choice in the 1960s. The purpose of this book is to show which forms this belief took over these two decades or so, and to explain the continuity between these forms. We adopt a historical approach that allows us to recount the story of how Buchanan came to develop a theory of collective action, including his conception of cooperation in small groups, to implement a technical condition about the pricing of public goods he defended early in his career. We describe the different steps Buchanan took, the encounters that influenced him, and the events and challenges that led him to revise his views to make room for this fundamental philosophical conviction.
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Keywords

Buchananpolitical economypublic choicehistory of economic thoughtUS history
Type
Element
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Series: Elements in Austrian Economics
Online ISBN: 9781009493826
Publisher: Cambridge University Press
Print publication: 27 June 2024

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James Buchanan and Peaceful Cooperation
  • Alain Marciano, University of Montpellier
  • Online ISBN: 9781009493826
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  • Alain Marciano, University of Montpellier
  • Online ISBN: 9781009493826
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