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ECONOMICS AND THE DISTINCTION BETWEEN VOLUNTARY AND COERCIVE ACTION.
- Source :
- Economic Affairs; Dec2007, Vol. 27 Issue 4, p65-69, 5p
- Publication Year :
- 2007
-
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. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 02650665
- Volume :
- 27
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Economic Affairs
- Publication Type :
- Academic Journal
- Accession number :
- 27688198
- Full Text :
- https://doi.org/10.1111/j.1468-0270.2007.00783.x