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James Buchanan is the cofounder, along with Gordon Tullock, of public choice theory. Buchanan entered the University of Chicago’s graduate economics program as a “libertarian socialist.” After six weeks of taking Frank Knight’s course in price theory, recalls Buchanan, he had been converted into a zealous free ...

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The Man Versus The State by Herbert Spencer was originally published in 1884 by Williams and Norgate, London and Edinburgh. The book consisted of four articles which had been published in Contemporary Review for February, April, May, June, and July of 1884. For collection in book form, Spencer added a Preface and a Po...

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Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations was first published in 1776. This edition of Smith's work is based on Edwin Cannan's careful 1904 compilation (Methuen and Co., Ltd) of Smith's fifth edition of the book (1789), the final edition in Smith's lifetime. Cannan's preface and intro...

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In 1884 The Fabian Society was founded in England with the aim of bringing about a socialist society by means of intellectual debate, the publication of books and pamphlets, and the "permeation" of socialist ideas into the universities, the press, government institutions, and political parties. This was in marked contr...

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THE views herein set forth were in the main briefly stated in a pamphlet entitled "Our Land and Land Policy," published in San Francisco in 1871. I then intended, as soon as I could, to present them more fully, but the opportunity did not for a long time occur. In the meanwhile I became even more firmly convinced of th...

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