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Casual observation of the last thirty years or so indicates that the role government plays in the lives of individuals has been increasing. Within the internal structure of government itself there are a number of reasons for this, but perhaps the overriding factor that has given way to this state of affairs is the fact that a large part of the

Ever since economists undertook an economic analysis of the law there has waged the debate as to the proper criterion to use in deciding law cases. So far two criteria have occupied center stage: efficiency and ethics. This paper seeks to closely examine each criterion in terms of its relationship to two legal-philosophical concepts. First, each

There are numerous well-known definitions of economics, but the one that best captures what economics is about is James Buchanan’s definition, namely: “Economics is the science of markets or exchange

The Review of Austrian Economics , Volume 1, Number 1 (1987)

Review of Austrian Economics Volume 1, No. 13