"Morality and Community in the Extended Market Order" is volume
seven of a series of seven lectures sponsored by Liberty Fund and
the Committee on Social Thought at the University of Chicago in
celebration of the hundredth anniversary of F. A. Hayek's birth.
Buchanan is a pioneer of the theory of public choice, extending
models of economic exchange to the realm of political
decision-making. Buchanan's work on the constitutional and
contractual bases of collective political action has contributed
new insights into the relationships between taxation, public
expenditure, and public finance.
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