2min chapter

Free Thoughts cover image

Real Economics (with Peter Boettke)

Free Thoughts

CHAPTER

The Main Line of Economics

The main line of economics was always within specific institution context, having to do with the rules of property contract and consent. And so it's that focus on the institutional framework within which economic activity takes place. That is what is the connection between the political economy thinkers from adam smith all the way up to vernon smith.

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