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The Calculus of Consent Revisited

PFM, Vol. 1 No. 3, (2001)

Buchanan and Tullock have a reputation as radical defenders of
private property, markets, free enterprise, limited government and
libertarianism. While this account is to some degree correct, the present
paper shall argue that it is exaggerated. It will show that their supposed
adherence to these doctrines and philosophies is at best a moderate, not a
radical, one, because of numerous errors with respect to their theories of
democracy, ruling class, constitutionalism, contract, voting, methodological
individualism, and the relation between government and private enterprise

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