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Constitutional Implications of Radical Subjectivism

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  • Buchanan, James M
  • Vanberg, Viktor J

Abstract

This paper examines the role that creative choice, as stressed by Shackle, plays in the generation of economic value. In particular, we evaluate the relationships between creative choice, economic value and the institutional structure of an economy. Copyright 2002 by Kluwer Academic Publishers

Suggested Citation

  • Buchanan, James M & Vanberg, Viktor J, 2002. "Constitutional Implications of Radical Subjectivism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 15(2-3), pages 121-129, June.
  • Handle: RePEc:kap:revaec:v:15:y:2002:i:2-3:p:121-29
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    Citations

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    Cited by:

    1. Anthony Evans, 2014. "A subjectivist’s solution to the limits of public choice," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(1), pages 23-44, March.
    2. Malte F. Dold, 2018. "Back to Buchanan? Explorations of welfare and subjectivism in behavioral economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 25(2), pages 160-178, April.
    3. Karen I. Vaughn, 2014. "Buchanan as Subjectivist," Southern Economic Journal, John Wiley & Sons, vol. 80(4), pages 918-925, April.
    4. Diana Thomas & Michael Thomas, 2014. "Entrepreneurship: Catallactic and constitutional perspectives," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(1), pages 11-22, March.
    5. ., 2019. "Economic theory of non-territorial unbundling," Chapters, in: The Political Economy of Non-Territorial Exit, chapter 1, pages 14-38, Edward Elgar Publishing.
    6. Roger D. Congleton, 2022. "Behavioral economics and the Virginia school of political economy: overlaps and complementarities," Public Choice, Springer, vol. 191(3), pages 387-404, June.
    7. Mingyu Liu, 2024. "Structural and functional analysis of Buchanan’s constitutional contract," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-8, December.
    8. Ulrich Witt & Christian Schubert, 2008. "Constitutional interests in the face of innovations: how much do we need to know about risk preferences?," Constitutional Political Economy, Springer, vol. 19(3), pages 203-225, September.
    9. Adam Martin, 2020. "The subjectivist-contrarian position," Public Choice, Springer, vol. 183(3), pages 479-494, June.
    10. Nicolás Cachanosky & Edward J. Lopez, 2020. "Rediscovering Buchanan’s rediscovery: non-market exchange versus antiseptic allocation," Public Choice, Springer, vol. 183(3), pages 461-477, June.
    11. Trent J. MacDonald, 2019. "The Political Economy of Non-Territorial Exit," Books, Edward Elgar Publishing, number 18871.
    12. Müller Christian, 2004. "Christliche Sozialethik und das Wertproblem in den Wirtschaftswissenschaften," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 55(1), pages 77-98, January.
    13. Gramzow, Andreas, 2009. "Rural development as provision of local public goods: Theory and evidence from Poland," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 51, number 92313, September.
    14. Skarbek, Emily C., 2016. "Aid, ethics, and the Samaritan's dilemma: strategic courage in constitutional entrepreneurship," Journal of Institutional Economics, Cambridge University Press, vol. 12(2), pages 371-393, June.
    15. Anthony Evans, 2009. "Constitutional moments in Eastern Europe and subjectivist political economy," Constitutional Political Economy, Springer, vol. 20(2), pages 118-138, June.
    16. Vanberg Viktor J., 2014. "Evolving Preferences and Welfare Economics: The Perspective of Constitutional Political Economy," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 234(2-3), pages 328-349, April.

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