Liberty vs. Power in Economic Policy in the 20th and 21st Centuries
Boettke, Peter J., Journal of Private Enterprise
Every semester students from throughout the world are introduced to the teachings of economics and political economy. What are the first things students learn as they enter the world of the economic way of thinking? Obviously the answer to that question varies from instructor to instructor (Heyne, Boettke, and Prychitko). Some will emphasize behavioral assumptions and the logic of choice, others will emphasize institutional structure and economic performance as captured in notions of efficiency; some will emphasize the harmony of interests that are reconciled through the market system, while others will highlight the conflict of interests that result from market imperfections. The …
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Publication information: Article title: Liberty vs. Power in Economic Policy in the 20th and 21st Centuries. Contributors: Boettke, Peter J. - Author. Journal title: Journal of Private Enterprise. Volume: 22. Issue: 2 Publication date: Spring 2007. Page number: 7+. © 2009 Association of Private Enterprise Education. Provided by ProQuest LLC. All Rights Reserved.
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