Freedom in Constitutional Contract: Perspectives of a Political Economist

Name: Freedom in Constitutional Contract: Perspectives of a Political Economist
Brand: Texas A&M University Press
SKU: 9781585440009
Price: 2976.0 INR
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by James M. Buchanan

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ISBN13: 9781585440009
Binding: Paperback
Subject: N/A
Publisher: Texas A&M University Press
Publisher Imprint: Texas A&M University Press
Publication Date: December 1, 1977
Pages: 324
Original Price: GBP 22.99
Language: English
Edition: N/A
Item Weight: 531 grams
BISAC Subject(s): Political

About The Book

Though written by an economist, this book's subject is not "economics" in the ordinary sense of that term. Instead, it is James Buchanan's contribution to what he has called the "contractarian revival," the renewed interest in and emphasis on the metaphor of the social contract in evaluating political alternatives. He believes that genuine constitutional dialogue must take place in this country if America is to remain a free society and that the perspectives of an economist are valuable in the discussion of basic issues of social philosophy.

The author critically examines the basic alternatives for social order: anarchy, natural law, historical determinism, and revealed reason. He rejects each of these and opts instead for "freedom in constitutional contract." In this stance he is explicitly constructivist, holding the view that reform in constitutional-legal rules or institutions is possible.

Reform or improvement in such rules is determined, however, by conceptual contractual agreement or consensus and not by external ethical norms. Further, the choice among alternative sets of rules, alternative "constitutions," is categorically distinguished from attempts to suggest policy norms within an existing set of rules. In developing his analysis, Buchanan critically analyzes recent contributions by John Rawls, Robert Nozick, F. A. Hayek, Michael Polanyi, Frank H. Knight, and other social philosophers

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