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Bukantianism—Buchanan's philosophical economics

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  • Kliemt, Hartmut

Abstract

This paper reconstructs how Buchanan himself answers his question “what should economists do?” The way Buchanan tries to stir a middle course between the extremes of an a priori logic of human action and economic behaviorism is sketched as broadly Kantian. Other than a conventional Kantian, Buchanan's game theoretically inspired “dual worlds”-approach, as reconstructed, is fully compatible with a scientific world view. However, bringing together “political philosophy and predictive science”, Bukantianism has to cope with remaining tensions between the empirical and the normative.

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  • Kliemt, Hartmut, 2011. "Bukantianism—Buchanan's philosophical economics," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 275-279.
    • Handle: RePEc:eee:jeborg:v:80:y:2011:i:2:p:275-279
    DOI: 10.1016/j.jebo.2011.07.013
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    References listed on IDEAS

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    Cited by:

    1. Giampaolo Garzarelli & Lyndal Keeton & Aldo A. Sitoe, 2022. "Rights redistribution and COVID-19 lockdown policy," European Journal of Law and Economics, Springer, vol. 54(1), pages 5-36, August.
    2. Gustavo Nunes Mourão & Eduardo Angeli, 2022. "A classification of the methodology of James M. Buchanan from a multidisciplinary perspective," Constitutional Political Economy, Springer, vol. 33(4), pages 413-432, December.
    3. Michael C. Munger, 2018. "30 years after the nobel: James Buchanan’s political philosophy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 31(2), pages 151-167, June.
    4. Hartmut Kliemt, 2023. "The logical foundations of constitutional democracy between legal positivism and natural law theory," Public Choice, Springer, vol. 195(3), pages 269-281, June.
    5. John Thrasher, 2019. "Democracy Unchained: Contractualism, Individualism, and Independence in Buchanan’s Democratic Theory," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 36(1), pages 25-40, October.

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    More about this item

    Keywords

    Economic methodology; Foundations of “contractarian” economics;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary

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