Abstract
Buchanan is a proceduralist and a democrat. He is adamant that his principal contribution is to the theory of just and orderly processes. He denies that his insights and schemata are an endorsement of any specific ideology or social system: ‘I do not offer a description of the “good society”, even on my own terms’ (CW VII, 210). It is always the journey. It is never the destination: ‘What emerges from a process is what emerges and nothing more’ (CW X, 51). Outcomes are non est disputandum.
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© 2015 David Reisman
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Reisman, D. (2015). Microeconomic Policy. In: James Buchanan. Great Thinkers in Economics Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137427182_15
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DOI: https://doi.org/10.1057/9781137427182_15
Publisher Name: Palgrave Macmillan, London
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