A Little More Liberty: What the _JEL_ Omits in Its Account of What the Economic Report of the President Omits
The classical liberal character of economics emerged in the eighteenth century, notably with Adam Smithâ€™s view that politics is prone to an under-appreciation the relative virtues of natural liberty. Smith centered political economy on the presumption of liberty. The Journal of Economic Literature published a review of The Economic Report of the President. Five authors writing separately raised numerous omissions in The Economic Report of the President. The authors do not suggest as worthy reform a single ERP-omitted potential liberalization. The review shows little trace of the Smithian character.
Volume (Year): 3 (2006)
Issue (Month): 3 (September)
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- Jacob Viner, 1927. "Adam Smith and Laissez Faire," Journal of Political Economy, University of Chicago Press, vol. 35, pages 198-198.
- Mark Thornton, 2004. "Prohibition vs. Legalization: Do Economists Reach a Conclusion on Drug Policy?," Econ Journal Watch, Econ Journal Watch, vol. 1(1), pages 82-105, April.
- Fred E. Foldvary, 2005. "Geo-Rent: A Plea to Public Economists," Econ Journal Watch, Econ Journal Watch, vol. 2(1), pages 106-132, April.
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