Seventeen papers, some previously published, explore the ramifications of analytical egalitarian-ism and examine the ways in which an egalitarian theory of individuality can enable economists to reconcile ideas from opposite ends of the political spectrum. Papers discuss politics as exchange or politics as power-two views of government; the theory of economic policy in British classical political economy-a sympathetic reading; economic organization, distribution, and the equality issue-the Marx-Engels perspective; robust analytical egali-tarianism-worst-case political economy and the socialist calculation debate; sacred economics; the origins of Das Adam Smith Problem and our understanding of sympathy; Adam Smith's invisible hand; an alternative view of usury in Adam Smith's thinking; the measure of real price-Adam Smith's science of equity; attitudes toward race, hierarchy, and transformation in the nineteenth century-the role of the expert; Frank Knight, worst-case theorizing, and economic planning-socialism as monopoly politics; Friedrich Hayek's road to serfdom-sixty years later; hiring a foreign expert-Chile in the nineteenth century; whether a novel is a model; denying human homogeneity-eugenics and the making of postclassical economics; more merciful and not less effective-eugenics and American economics in the Progressive Era; and evolution and human behavior. Includes an introduction to and selections from the correspondence between James Buchanan and John Rawls. Peart is Dean of the Jepson School of Leadership Studies at the University of Richmond. Levy is Professor of Economics and Research Associate at the Center for the Study of Public Choice at George Mason University. Index.
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