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State

by Paul Dragos Aligica on Aug 15, 2008

What the state should look like varies even among libertarians.

encyclopedia

Black Markets

by Paul Dragos Aligica on Aug 15, 2008

The black market refers to those markets involving extra-legal organizations and paths for the trade of goods and services.

encyclopedia

Tullock, Gordon

by Paul Dragos Aligica on Aug 15, 2008

Gordon Tullock contributed to the start of the public choice school of economics and countered status-quo arguments about the role of government in the market.

encyclopedia

Bureaucracy

by Paul Dragos Aligica on Aug 15, 2008

Bureaucratic organizations rely on hierarchal structures and uniform processes to accomplish tasks, an approach to organization that libertarians often critique.

encyclopedia

Ostrom, Vincent (1919-2012) and Elinor (1933-2012)

by Paul Dragos Aligica on Aug 15, 2008

The Ostroms founded the Bloomington School of Institutional Analysis at the University of Indiana, dedicated to self-governance and evaluating state institutions.