James M. Buchanan believed markets thrive on voluntary exchanges within moral bounds, while states require moral limits to protect freedom.
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James Buchanan, The Logical Foundations of Constitutional Liberty (Indianapolis: Liberty Fund, 1999), 365.

my contribution to the SI of History of Economic Ideas, ed by Massimiliano Vatiero & Hans-Bernd Schaefer, to celebrate the 50th anniversary of Posner's Economic Analysis of Law. Thanks to the editors and for Nicola Giocoli for organizing this!

Why are young people so attracted to #socialism ? Juliette Sellgren is a young person you should listen to. And Matthew Mitchell has great perspective, sharing the story of #Estonia , including its glorious #SingingRevolution .

adamsmithworks.org/speakings/grea…

Craig Palsson @ Market Power The article by Terry, Nick and Bryan linked below is very devt themed. We also did a special issue of Public Choice on The Political Economy of American Indian Reservations. The intro reviews a lot of the previous research. asu.elsevierpure.com/en/publication…
link.springer.com/article/10.100…

Could be the subtitle of almost every essay in this book!

Revamped journal Research in History and Methodology of Economics is now open for submissions, fully open-access.

rhetm.org/submissions/

New Working paper … The Future of Liberalism by Peter J. Boettke :: SSRN papers.ssrn.com/sol3/papers.cf…

Foundation Set.

#PatriotPressure

🇪🇪 Soviet efforts to plan Estonia's economy went hand in hand with authoritarian measures like deportations and property theft.

📺 Watch the latest Realities of Socialism mini-documentary to learn more ⤵️

youtube.com/watch?v=B3a87z…

How many 180 shooters exist in NCAAMB/NCAAWB and NBA/WNBA this season? NBA WNBA NCAAM BASKETBALL Women's Basketball

Witnessing excellence in arts and music; athletics and sports; science and engineering is a wonderful experience. And even more amazing when the individual achieving excellence is a member of your university community. Congratulations Ilia. I hope someday you sign up for one of…

Sorry, you can’t be serious! Have you looked at debt; Fed balance sheet; regulatory burden; trade protectionism; immigration restrictions; the militarization of local police; etc. I think you might misunderstand that Austrian economics is a scientific research program not an…

tylercowen had a fascinating list of underexplored topics in the history of economic thought. Some felt that it did quite appreciate the (recent) work done in the field. So I decided to provide an overview of great work in the topics he suggested.
erwindekker.com/blog/on-the-pr…

If you're a #NoDueDate subscriber, you're reading TWO great selections from @TylerCowen this month. (And hopefully joining Peter Boettke and Cowen in our Virtual Salon at the end of the month!)

Not subscribed yet??? What are you waiting for???
ow.ly/tPO250Rfhvx

Had a great time talking to Bruce Caldwell about transaction costs, and the origins of FA Hayek's views on the price mechanism as a process for generating information about resource scarcity.

taitc.buzzsprout.com/2186249/147727…

Great things happening. It’s an honor and a blessing to be part of the TFAS family!

Cass Sunstein 'How to Become Famous: Lost Einsteins, Forgotten Superstars, and How the Beatles Came to Be' a talk by Cass Sunstein this week at Harvard youtube.com/watch?v=R2fWkf…

‘I love private property, and let me tell you something, if you care about your fucking country, read Ludwig Von Mises and the 6 lessons of the Austrian Economic School, motherfuckers!’ - Renato Moicano UFC 🔥

Best post-fight interview of all time??

Safe to say the Overton window has

I think every economist and economic policy decision maker needs to read Adam Smith. Let’s start with the premise that gov should only do those things which citizens cannot do for themselves or cannot do well, and gov can do well. Solve for that equilibrium given what you know

What I am reading!