Economics Dictionary of ArgumentsHome
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| Society: "Society" refers to a group of individuals living together in a community, sharing common norms, values, and institutions, and often governed by established rules or laws. It encompasses social interactions, relationships, and collective organization within a given geographical or cultural context. See also Community, Culture, State, Norms, Values, Institutions._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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James M. Buchanan on Society - Dictionary of Arguments
Boudreaux I 24 Society/Buchanan/Boudreaux/Holcombe: (…) the state is not an agency existing independently of citizens. The state has no greater knowledge than is possessed by its citizens. Nor is the state - or the officials chosen to execute this process of fiscal exchange - driven by motives more benevolent than are the motives that drive the self-interested citizens who, in Buchanan’s ideal world, would bargain with each other to create the state. Boudreaux/Holcombe: Economists often depict government as an omniscient organization that implements policies to maximize social welfare. But this depiction falls short in at least two ways. 1) First, there is no such thing as “social welfare” beyond the welfare of each of the individuals who make up the society. Boudreaux I 25 2) Second, recognizing that government is not omniscient, there is no way for policy makers to know what policies would benefit those who are affected by them beyond discovering the preferences of its citizens as revealed by those citizens themselves. The provisions of such a revelation is an important role of the democratic process; democratic debate, compromise, and decision-making reveal the preferences of citizens who should realistically expect to be net beneficiaries of government actions. >Decision-making process/Buchanan._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconBuchan I James M. Buchanan Politics as Public Choice Carmel, IN 2000 Boudreaux I Donald J. Boudreaux Randall G. Holcombe The Essential James Buchanan Vancouver: The Fraser Institute 2021 Boudreaux II Donald J. Boudreaux The Essential Hayek Vancouver: Fraser Institute 2014 |
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