12/05/2019

*Towards an Economics of Natural Equals*

"The authors are David M. Levy and Sandra J. Peart, and the subtitle is A Documentary History of the Early Virginia School. This is the true history, told by people who know, and with extensive citations from correspondence and primary documentation.

Excerpt:
Beginning quite early and throughout his long career, Buchanan studied, endorsed, and extended the Smithian economics of natural equals.
You will find the correspondence of Buchanan and Rawls, the dealings of Buchanan with a skeptical Ford Foundation, the real story behind the Buchanan and G. Warren Nutter “Universal Education” voucher plan, what actually happened in Buchanan’s Chile visit, Chicago vs. Virginia disputes, the anti-democratic views of Murray Rothbard, and the contested history of neoliberalism. And much correspondence from Ronald Coase."