ECONOMICS AND THE DISTINCTION BETWEEN VOLUNTARY AND COERCIVE ACTION
Daniel Klein
Economic Affairs, 2007, vol. 27, issue 4, 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.
Date: 2007
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https://doi.org/10.1111/j.1468-0270.2007.00783.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ecaffa:v:27:y:2007:i:4:p:65-69
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