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Calhoun’s most important constitutional and political writings are now available as complete, unabridged texts and in a single volume, many for the first time since the 1850s. These writings address such issues as states’ rights and nullification, slavery, the growth of the Federal judicial power, and Calhoun’s doctrine of the “concurrent majority.” Ross M. Lence was Professor of Political Science…

“No one has ever done price theory better than Alchian—that is, no one has ever excelled Alchian’s ability to explain the reason, role, and nuances of prices, of competition, and of property rights. And only a precious few—I can count them on my fingers—have a claim for being considered to have done price theory as well as he did it.”…

This is a new edition of Edmund Burke’s first work, originally issued anonymously in 1756 as a letter attributed to “a late noble writer.” In 1757 Burke produced a revised version with a new preface but still did not attach his name to the work. This Liberty Fund edition is based on the 1757 revision. The Vindication is a political…

Vindiciae Gallicae was James Mackintosh’s first major publication, a contribution to the debate begun by Edmund Burke’s Reflections on the Revolution in France. The success of Mackintosh’s defense of the French Revolution propelled him into the heart of London Whig circles. Following the September 1792 massacres Mackintosh, along with other moderate Whigs, revised his opinions and moved closer to Burke’s…

The Virtues of Capitalism lays the foundation of his views and theories of capitalism and its alternatives. The first part, Corrigible Capitalism; Incorrigible Socialism, was first published in 1980. It explains why, Seldon believes, “private enterprise is imperfect but redeemable,” but the “state economy promises the earth, and ends in coercion to conceal its incurable failure.” The second part, Capitalism,…

By 1989, when Michael Oakeshott’s Voice of Liberal Learning was first published by Yale University Press, books that held a negative view of education in the United States had garnered a remarkable amount of attention. Oakeshott’s approach to the subject is subtle, comprehensive, and radical—in the sense of summoning readers to the root of the matter. That root, Oakeshott believed,…