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Subjectivism and Constitutionalism

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  • Alan Hamlin

    (University of Manchester)

Abstract

In the light of Giuseppe Eusepi’s career-long interest in the subjectivist element of James Buchanan’s work, my strategy here is to follow Eusepi by outlining and situating the variety of subjectivism discussed by Buchanan and, after some critical discussion, to attempt to track some of the implications of that subjectivism for the idea of constitutionalism, particularly of the contractarian variety, and some of the limitations imposed by subjectivism. To be clear, what follows is not strictly an attempt at the detailed reconstruction of either Buchanan’s or Eusepi’s position, but rather a discussion of subjectivism, constitutionalism, and the linkages between these two themes that is inspired by Buchanan and Eusepi.

Suggested Citation

  • Alan Hamlin, 2023. "Subjectivism and Constitutionalism," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 40(1), pages 19-38, December.
    • Handle: RePEc:spr:homoec:v:40:y:2023:i:1:d:10.1007_s41412-022-00132-9
    DOI: 10.1007/s41412-022-00132-9
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    References listed on IDEAS

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    1. Giuseppe Eusepi, 2020. "From subjectivism to constitutionalism: the intellectual journey of James M. Buchanan through his Italian heroes," Public Choice, Springer, vol. 183(3), pages 273-285, June.
    2. Kliemt, Hartmut, 2011. "Bukantianism—Buchanan's philosophical economics," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 275-279.
    3. Alan Hamlin, 2014. "Reasoning about rules," Constitutional Political Economy, Springer, vol. 25(1), pages 68-87, March.
    4. 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.
    5. Shaun P. Hargreaves Heap, 2013. "What is the meaning of behavioural economics?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 37(5), pages 985-1000.
    6. Dhami, Sanjit, 2016. "The Foundations of Behavioral Economic Analysis," OUP Catalogue, Oxford University Press, number 9780198715535, Decembrie.
    7. J. Wiseman, 1957. "The Theory Of Public Utility Price—An Empty Box," Oxford Economic Papers, Oxford University Press, vol. 9(1), pages 56-74.
    8. Buchanan, James M. & Vanberg, Viktor J., 1991. "The Market as a Creative Process," Economics and Philosophy, Cambridge University Press, vol. 7(2), pages 167-186, October.
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