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Classical liberalism entails not only a theory about the scope of government and its relationship with the market but also a distinct view about how government should operate within its proper domain of public choices in non-market settings. Building on the political...
Elinor Ostrom, co-recipient of the 2009 Nobel Prize in Economics, argued that we should not be limited to the conceptions of order derived from the work of Adam Smith and Thomas Hobbes when studying social order. She maintained that we should not limit ourselves to the...
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