The subjectivist-contrarian position

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

Abstract

James Buchanan endorses a radical version of subjectivism at several points in his body of work. I distinguish two distinct criteria for subjectivism in Buchanan. First, Buchanan rejects the realism of preferences, arguing that they serve only as an analytical tool for understanding choice. Second, Buchanan adopts an Austrian perspective inspired by Kirzner and Shackle on the importance of creativity. In addition to reconstructing Buchanan’s subjectivism, I examine how it relates to more recent work in political philosophy, behavioral economics, and psychology in order to ascertain the value Buchanan’s radical approach might still hold.

Original languageEnglish
Pages (from-to)479-494
Number of pages16
JournalPublic Choice
Volume183
Issue number3-4
DOIs
StatePublished - Jun 1 2020

Keywords

  • Behavioral economics
  • Contractarianism
  • Entrepreneurship
  • Subjectivism

Fingerprint Dive into the research topics of 'The subjectivist-contrarian position'. Together they form a unique fingerprint.

Cite this