Moral philosophy as it emerged from the Scottish Enlightenment spawned the social sciences in general and the field of political economy in particular. The latter field itself went on to splinter into two. James Buchanan, however, walked us back from our tendency to over-specialize and recovered the field of political economy as it was done in its classical heyday.
- Incentive compatibility
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)