Economics Dictionary of ArgumentsHome
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| Methodological individualism: Methodological individualism is the principle in economics that explains social and economic phenomena solely through the actions and interactions of individual agents, rather than groups or institutions. It assumes that collective outcomes result from individual choices and behaviors. See also Method, Methodological Solipsism._____________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 Methodological Individualism - Dictionary of Arguments
Boudreaux I 10 Methodological Individualism/Buchanan/Boudreaux/Holcombe: (…)Buchanan(1) insisted on the then-unusual stance that the same methodological individualism that economists use so productively to analyze commercial markets should be used also to analyze the operation of government and political decision-making. People are people are people; they don’t change fundamentally when moving from the private sector to the political sector or vice-versa. >Group behavior/Buchanan. 1. Buchanan, James M. (1949). “The Pure Theory of Government Finance” in: Journal of Political Economy._____________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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