ECONOMICS AND THE DISTINCTION BETWEEN VOLUNTARY AND COERCIVE ACTION -super-1

Daniel B. Klein ()

Economic Affairs, 2007, vol. 27, issue 4, pages 65-69

Abstract: "In economics, considerations of liberty are generally regarded as a secondary question of 'policy implications' and a matter of mere opinion. This essay rejects the relegation of liberty to such a status. It argues that the distinction between voluntary and coercive action, rooted in concepts of private ownership and consent, and forming the basis of liberty, should play a fundamental role in the way economic issues and arguments are formulated." Copyright (c) 2007 The Author. Journal compilation (c) Institute of Economic Affairs 2007.

Date: 2007

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