Nobel laureate James M. Buchanan laid down a new foundation for political economy and classical liberalism. To understand its development, its helpful to note Buchanans indebtedness to the writings of Frank Knight, Knut Wicksell, and Italian public-finance scholars.
|Other Independent Review articles by Christopher J. Coyne|
|Summer 2016||The War on Drugs in Afghanistan: Another Failed Experiment in Interdiction|
|Spring 2016||Perilous Partners: The Benefits and Pitfalls of America's Alliances with Authoritarian Regimes|
|Fall 2014||Perfecting Tyranny: Foreign Intervention as Experimentation in State Control|
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