For more than a century, neoclassical theory dominated economic thinking. Neoclassical economics is a theory based on three key assumptions: individuals have rational preferences; individuals maximize ...

In the forthcoming 2012 edition of the Oxford Handbook of Political Philosophy, Jason Brennan and John Tomasi offer a brief discussion of what they call “neoclassical liberalism,” a variant of ...

Economics is widely regarded as the queen of the social sciences. A few years ago, in his best selling book The End of History, the American political scientist Francis Fukuyama loosely estimated that ...