Towards an Economics of Natural Equals: A Documentary History of the Early Virginia School

by Sandra J Peart and David M. Levy

The Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of exchange among equals where the economist is only entitled to offer advice to citizens, not to dictators. The foundation of natural equality and consent explains...

• Format: Hardcover
• Language: English
• ISBN: 1108428975
• ISBN13: 9781108428972
• Release Date: February 2020
• Publisher: Cambridge University Press
• Length: 308 Pages
• Weight: 1.30 lbs.
• Dimensions: 0.7" x 6.2" x 9.1"