Rules without Regulators

David Reisman

Chapter 3 in James Buchanan, 2015, pp 33-45 from Palgrave Macmillan

Abstract: Abstract Human action unfolds within tramlines that previous generations have laid down: ‘Man acts within a set of institutional constraints that have developed historically: in part by sheer accident; in part by survival in a social evolutionary process; in part by technological necessity; in part by constructive design (correctly or incorrectly conceived)’ (CW I, 361). Individuals reveal preferences. They like to think that their preferences are innate, idiosyncratic and fully authentic. They like to say, ‘Don’t tread on me’. It is too late. The treading is a fait accompli. Much that they reveal is standard issue for their club.

Keywords: Alarm Clock; External Benefit; Fait Accompli; Human Essence; Lone Wolf (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-1-137-42718-2_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137427182

DOI: 10.1057/9781137427182_3

Access Statistics for this chapter

More chapters in Great Thinkers in Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().