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The past, present and future of Virginia Political Economy

Author

Listed:
  • Peter Boettke
  • Alain Marciano
Abstract
We present a short history of the Virginia School of Political Economy in its institutional settings of University of Virginia (UVA), Virginia Polytechnic Institute and State University, or Virginia Tech (VPI), and George Mason University (GMU). We discuss the original research and educational project as envisioned by Buchanan at UVA, its maturity into a normal science at VPI, and its continuation at GMU. We argue that the future of Virginia Political Economy will depend critically on the various alternative interpretations of the Buchanan project in positive economics, welfare economics, and political economy. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Peter Boettke & Alain Marciano, 2015. "The past, present and future of Virginia Political Economy," Public Choice, Springer, vol. 163(1), pages 53-65, April.
    • Handle: RePEc:kap:pubcho:v:163:y:2015:i:1:p:53-65
    DOI: 10.1007/s11127-014-0162-6
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    References listed on IDEAS

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    1. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.
    2. James M. Buchanan, 1997. "post-socialist political economy," Books, Edward Elgar Publishing, number 1307.
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    4. Peter J. Boettke & Christopher J. Coyne & Peter T. Leeson, 2014. "Earw(h)ig: I can’t hear you because your ideas are old," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 38(3), pages 531-544.
    5. James M. Buchanan, 1962. "Politics, Policy, and the Pigovian Margins," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 10, pages 204-218, Palgrave Macmillan.
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    7. Leland Yeager, 2014. "Reminiscences of James Buchanan and the Virginia School," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(2), pages 165-173, June.
    8. G. Warren Nutter & Israel Borenstein & Adam Kaufman, 1962. "Introduction to "Growth of Industrial Production in the Soviet Union"," NBER Chapters, in: Growth of Industrial Production in the Soviet Union, pages 3-10, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Peter J. Boettke & Rosolino A. Candela, 2020. "Where Chicago meets London: James M. Buchanan, Virginia Political Economy, and cost theory," Public Choice, Springer, vol. 183(3), pages 287-302, June.
    2. Beatrice Cherrier & Jean-Baptiste Fleury, 2017. "Economists’ interest in collective decision after World War II: a history," Public Choice, Springer, vol. 172(1), pages 23-44, July.
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    4. Julien Grandjean, 2019. "Gordon Tullock on Majority Voting: the Making of a Conviction," Working Papers of BETA 2019-28, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    5. Etienne Farvaque & Frédéric Gannon, 2018. "Profiling giants," Post-Print hal-02078382, HAL.
    6. Viktor J. Vanberg, 2020. "J. M. Buchanan’s contractarian constitutionalism: political economy for democratic society," Public Choice, Springer, vol. 183(3), pages 339-370, June.
    7. Jean-Baptiste Fleury & Alain Marciano, 2018. "The Making of a Constitutionalist: James Buchanan on Education," Post-Print hal-01835036, HAL.
    8. Etienne Farvaque & Frédéric Gannon, 2018. "Profiling giants: the networks and influence of Buchanan and Tullock," Public Choice, Springer, vol. 175(3), pages 277-302, June.
    9. Marianne Johnson, 2018. "Rules versus authorities," Public Choice, Springer, vol. 175(3), pages 219-228, June.
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    More about this item

    Keywords

    James Buchanan; Public choice; Political economy; B20; B53; D70;
    All these keywords.

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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