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James M. Buchanan - Economics is the study of the...
Economics is the study of the whole system of exchange relationships. Politics is the study of the whole system of coercive or potentially coercive relationships. (James M. Buchanan)

Economics is the study of the whole system of exchange relationships. Politics is the study of the whole system of coercive or potentially coercive relationships.

James M. Buchanan

Related topics

economics exchange politics study system

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