New Releases by James M

"The Limits of Liberty is concerned mainly with two topics. One is an attempt to construct a new contractarian theory of the state, and the other deals with its legitimate limits. The latter is a matter of great practical importance and is of no small significance from the standpoint of political philosophy."—Scott Gordon, Journal of Political Economy James Buchanan offers a strikingly innovative approach to a pervasive problem of social philosophy. The problem is one of the classic paradoxes concerning man''s freedom in society: in order to protect individual freedom, the state must restrict each person''s right to act. Employing the techniques of modern economic analysis, Professor Buchanan reveals the conceptual basis of an individual''s social rights by examining the evolution and development of these rights out of presocial conditions.

"... like so many events in the early history of the republic, the Hartford Convention was an incident in the larger eighteenth-century revolution of the Western world. Resounding with the echoes of dis- tant warfare, it was deeply rooted in the half-century- long crisis in Western institutions. It signaled an important moment in the protracted struggle to define the meaning of the republican experiment and to defend it in a hostile and unstable world. And, above all else, it gained inspiration from the native revolution of 1776."--Publisher.

In The Struggle for Equality, the renowned Civil War historian James McPherson offered an important and timely analysis of the abolitionist movement and the legal basis it provided to the civil rights movement of the 1960s. This work remains an incisive demonstration of the successful role played by rights activists during and after the Civil War, when they evolved from despised fanatics into influential spokespersons for the radical wing of the Republican party. The vivid narrative stresses the intensely individual efforts that characterized the movement, drawing on letters and anti-slavery periodicals to let the voices of the abolitionists express for themselves their triumphs and anxieties. Asserting that it was not the abolitionists who failed in their efforts to instill the principles of equality on the state level but rather the American people who refused to follow their leadership, McPherson raises broad questions about the obstacles that have long hindered American reform movements in general. This new paperback edition contains a preface in which the author explains some of the changing perspectives that would lead him to write several aspects of this story differently today. The original hardcover was a winner of the Anisfield-Wolf Award in Race Relations.

The Calculus of Consent, the second volume of Liberty Fund''s The Selected Works of Gordon Tullock, is a reprint edition of the ground-breaking economic classic written by two of the world''s preeminent economists--Gordon Tullock and Nobel Laureate James M. Buchanan. This book is a unique blend of economics and political science that helped create significant new subfields in each discipline respectively, namely, the public choice school and constitutional political economy. Charles K. Rowley, Duncan Black Professor of Economics at George Mason University, points out in his introduction, "The Calculus of Consent is, by a wide margin, the most widely cited publication of each coauthor and, by general agreement, their most important scientific contribution." The Calculus of Consent is divided into four parts, each consisting of several chapters. The introduction by Professor Rowley provides a short overview of the book and identifies key insights that permeated the bounds of economics and political science and created an enduring nexus between the two sciences. Part I of The Calculus of Consent establishes the conceptual framework of the book''s subject; part II defines the realm of social choice; part III applies the logic developed in part II to describe a range of decision-making rules, most notably, the rule of simple majority; and part IV explores the economics and ethics of democracy. Gordon Tullock is Professor Emeritus of Law at George Mason University, where he was Distinguished Research Fellow in the Center for Study of Public Choice and University Professor of Law and Economics. He also taught at the University of South Carolina, the University of Virginia, Rice University, Virginia Polytechnic Institute and State University, and the University of Arizona. In 1966 he founded the journal that became Public Choice and remained its editor until 1990. James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and is considered one of the greatest scholars of liberty of the twentieth century. He is also Professor Emeritus at George Mason and Virginia Tech Universities. Charles K. Rowley was Duncan Black Professor of Economics at George Mason University and a Senior Fellow of the James M. Buchanan Center for Political Economy at George Mason University. He was also General Director of the Locke Institute.