'Democracy in Chains?: James M. Buchanan on Political Economy and Democracy' with Ross Emmett

About the Talk

James M. Buchanan was awarded the Nobel Memorial Prize in Economics in 1986. He has recently been the focus of criticism for his views on democracy. A careful examination of his work, however, suggests a lifetime devoted to inquiring how democracy could be made an effective means of social and political cooperation. From public choice theory to constitutional political economy to his eventual consideration beyond politics of the role of cultural and social norms, he continually sought more open-ended forms of economic, political and social analysis. An opponent of the tyranny of experts, his analysis sought means for protecting and even promoting the views and rights of those who held less common perspectives.

About the Speaker

Ross B. Emmett is director of the Center for the Study of Economic Liberty at Arizona State University and professor of political economy in the School of Civic and Economic Thought and Leadership. His teaching deals with the central question of comparative economic governance: What is the relationship between basic economic institutions and their legal, cultural and political contexts? His research concerns both the history of how modern societies have answered that question and how today’s answers affect liberty, innovation and entrepreneurship.

Emmett published "Frank Knight and the Chicago School in the History of American Economics" in 2009. He has edited five collections of material on the history of economics, including "The Elgar Companion to the Chicago School of Economics" in 2010 and "Great Bubbles," an interdisciplinary examination of the financial crises of the 17th and 18th centuries.

Center for the Study of Economic Liberty
Mason Hunt
Oct 3 2018 - 11:30am
Social Sciences 109
Tempe campus