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The relative effectiveness of various institutions, such as the market or government, is based on the ability for individuals to access and use dispersed knowledge in society and the incentives that steer their actions. Market process theory emphasizes the effectiveness of the price system to consolidate and transmit knowledge in the marketplace.
Together this framework provides new insights on the capability of individuals to cooperate and improve...
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Español
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A comienzos del siglo xx, la ciudad de Cali era una pequeña población que crecía lentamente en términos económicos y demográficos. Una ciudad en donde sus habitantes vivían del trabajo agropecuario, artesanal y algunos comerciantes se beneficiaban de la extracción forestal, la exportación de oro en polvo, la compraventa de productos agropecuarios y la importación de artículos europeos y norteamericanos. Pero, años más tarde, entrado el...
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A deft selection of unpublished and little-known works by F. A. Hayek that will serve to enlighten and enliven debates around the ever-changing face of Western liberalism
Across seventeen volumes to date, the University of Chicago Press's Collected Works of F. A. Hayek series has anthologized the diverse and prolific writings of the Austrian economist synonymous with classical liberalism. Essays on Liberalism and the Economy traces the author's...
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A new edition of F. A. Hayek's three-part opus Law, Legislation, and Liberty, collated in a single volume
In this critical entry in the University of Chicago's Collected Works of F. A. Hayek series, political philosopher Jeremy Shearmur collates Hayek's three-part study of law and liberty and places Hayek's writings in careful historical context. Incisive and unrestrained, Law, Legislation, and Liberty is Hayek at his late-life best, making it essential...
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This book examines how the expanded use of new startup and innovation models and techniques is dramatically transforming government. Those models and techniques include: agile innovation, rapid experimentation, crowdsourcing, and gamification. The book examines current and potential uses of AI and the metaverse in government. It also discusses the implications of such new developments as No Labels' independent Presidential ballot line in the US....
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"To discover who rules, follow the gold." This is the argument of Golden Rule, a provocative, pungent history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in light of skyrocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where...
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Grassroots organizing and collective action have always been fundamental to American democracy but have been burgeoning since the 2016 election, as people struggle to make their voices heard in this moment of societal upheaval. Unfortunately much of that action has not had the kind of impact participants might want, especially among movements representing the poor and marginalized who often have the most at stake when it comes to rights and equality....
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Joseph Alois Schumpeter (Triesch, February 1883 - Taconic, Connecticut, January 1950) was an Austrian economist and political scientist who profoundly influenced the history of political thought with his democratic theory, which redefined the meaning of democracy. "Capitalism, Socialism, and Democracy" is Schumpeter's most famous and debated work, and one of the great classics of the social sciences in the 20th century. First published in 1942, the...
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Two centuries after his birth, Karl Marx is read almost solely through the lens of Marxism, his works examined for how they fit into the doctrine that was developed from them after his death.
With Marx's Dream, Tom Rockmore offers a much-needed alternative view, distinguishing rigorously between Marx and Marxism. Rockmore breaks with the Marxist view of Marx in three key ways. First, he shows that the concern with the relation of theory to practice-reflected...
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The political process focuses on the ways that people come together to engage in collective decision making in a variety of contexts. The central elements of the political process include: the formation of rules, the subsequent interactions that take place within those rules, and the evolution of rules over time.
Scholars working in the area of Virginia political economy-e.g., James Buchanan and Gordon Tullock-emphasize the importance of applying...
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Français
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En cette époque d'austérité budgétaire, l'appel à gérer de façon responsable les finances de l'État ne semble pas s'appliquer aux avions de chasse, prisons et autres institutions chargées de missions répressives. Gros plan sur le virage vert kaki du gouvernement canadien.
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For years Mark Monmonier, "a prose stylist of no mean ability or charm" according to the Washington Post, has delighted readers with his insightful understanding of cartography as an art and technology that is both deceptive and revealing. Now he turns his focus to the story of political cartography and the redrawing of congressional districts. His title Bushmanders and Bullwinkles combines gerrymander with the surname of the president who actively...
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A thought-provoking challenge to our ideas about philanthropy, marking it as a deeply political activity that allows the wealthy to dictate more than we think.
Philanthropy plays a huge role in supporting the provision of many public goods in contemporary societies. As a result, decisions that affect public outcomes and people's diverse interests are often dependent on the preferences and judgments of the rich. Political theorist Emma Saunders-Hastings...
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How can our country be so divided when all of us want the same things--the same four ourselves, our families, and our children? What if I told you that this could be the best time in human history?
Together we stand at the dawn of a new era. For the first time in human history there really is more than enough to go around. We have the resources to feed, clothe, house, educate, and care for everyone without anyone having less than they do now.
What...
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A sweeping intellectual history of the welfare state's policy-in-waiting.
The idea of a government paying its citizens to keep them out of poverty-now known as basic income-is hardly new. Often dated as far back as ancient Rome, basic income's modern conception truly emerged in the late nineteenth century. Yet as one of today's most controversial proposals, it draws supporters from across the political spectrum.
In this eye-opening work, Anton...
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Smuggling is typically thought of as furtive and hidden, taking place under the radar and beyond the reach of the state. But in many cases, governments tacitly permit illicit cross-border commerce, or even devise informal arrangements to regulate it. Drawing on extensive fieldwork in the borderlands of Tunisia and Morocco, Max Gallien explains why states have long tolerated illegal trade across their borders and develops new ways to understand the...
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From the $700 billion bailout of the banking industry to president Barack Obama's $787 billion stimulus package to the highly controversial passage of federal health-care reform, conservatives and concerned citizens alike have grown increasingly fearful of big government. Enter Nobel Prize–winning economist and political theorist F. A. Hayek, whose passionate warning against empowering states with greater economic control, The Road to Serfdom, became...
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In a groundbreaking addition to the "What Do You Know?" collection, a new volume delves into the enduring impact of Karl Marx on modern society. Authored by Hichem Karoui in collaboration with the GEW Social Sciences & Humanities Team, this publication offers fresh insights into the revolutionary thinker's ideologies and their relevance today.This new volume not only provides a comprehensive analysis of Marx's theories on capitalism, class struggle,...
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