This paper is an exercise in the archeology of knowledge that seeks to understand the intellectual precursors to the Workshop in Political Theory and Policy Analysis. This perspective reveals that research agenda of the Ostroms draws significantly from the ideas and themes developed in the first half of the 20th century by Knight, Mises, and Hayek.
What role is there for government in promoting the economic well-being of citizens within its national boundaries? If one assumes that political authority derives its legitimacy in part from the satisfaction it affords its subjects, then it follows that a "good" government will adopt policies that will enhance the economic well-being of its citizens.
This paper analyzes the array of relationships that take place in the reconstruction process – political, economic and social – by considering under what circumstances they are situations of conflict or coordination. Historical attempts at reconstruction provide further understanding of how to achieve success.
The F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center invites you to a panel discussion featuring Todd Zywicki and his new co-authored book Consumer Credit and the American Economy.