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The past, present and future of Virginia Political Economy

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  • Peter Boettke

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  • 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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    File URL: http://hdl.handle.net/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, June.
    2. James M. Buchanan, 1997. "post-socialist political economy," Books, Edward Elgar Publishing, number 1307, June.
    3. Israel Kirzner, 2014. "Buchanan and the Austrians: A tale of two bridges," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(2), pages 119-128, June.
    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, Oxford University Press, vol. 38(3), pages 531-544.
    5. 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.
    6. Richard E. Wagner, 2007. "Fiscal Sociology and the Theory of Public Finance," Books, Edward Elgar Publishing, number 12713, June.
    7. G. Warren Nutter & Israel Borenstein & Adam Kaufman, 1962. "Growth of Industrial Production in the Soviet Union," NBER Books, National Bureau of Economic Research, Inc, number nutt62-1, July.
    8. James M. Buchanan, 1949. "The Pure Theory of Government Finance: A Suggested Approach," Journal of Political Economy, University of Chicago Press, vol. 57, pages 496-496.
    9. Otto A. Davis & Andrew Whinston, 1962. "Externalities, Welfare, and the Theory of Games," Journal of Political Economy, University of Chicago Press, vol. 70, pages 241-241.
    10. Mueller, Dennis C, 1976. "Public Choice: A Survey," Journal of Economic Literature, American Economic Association, vol. 14(2), pages 395-433, June.
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    1. repec:kap:pubcho:v:175:y:2018:i:3:d:10.1007_s11127-018-0544-2 is not listed on IDEAS
    2. repec:kap:pubcho:v:172:y:2017:i:1:d:10.1007_s11127-017-0410-7 is not listed on IDEAS
    3. repec:kap:pubcho:v:175:y:2018:i:3:d:10.1007_s11127-018-0535-3 is not listed on IDEAS

    More about this item

    Keywords

    James Buchanan; Public choice; Political economy; B20; B53; D70;

    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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