Foucault and Liberal Political Economy: Power, Knowledge, and Freedom (Oxford University Press, 2025)

Political Economy

Author: Mark Pennington Published by Oxford University Press Access the book via the publisher’s website. Watch the book launch’s video …

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Latest Papers

Free to Build: Liberty and Urban Housing

 Philosophy and Public Affairs 53: 169-183. https://doi.org/10.1111/papa.12281 Billy Christmas West Virginia University – College of Business & Economics; New York …
Normative

Against the Public Ownership Conception of Shared Property

Journal of Ethics and Social Philosophy Preprint, 16 Jun 2026 Billy Christmas West Virginia University – College of Business & …

Borrowed Wealth: How the Canada Strong Fund Repeats Other Countries’ Mistakes

Our Senior Fellow Bryan Cheang’s report ‘Borrowed Wealth: How the Canada Strong Fund Repeats Other Countries’ Mistakes’, published by the …

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Government Externalities

Government Externalities Author: Aris Trantidis Published in Public Choice Link to paper here. Governments are expected to tackle externalities such …

Democracy and the Epistemic Problems of Political Polarization

Democracy and the Epistemic Problems of Political Polarization Author: Jonathan Benson Published in American Political Science Review Link to paper …

Markets and knowledge commons: Is there a difference between private and community governance of markets?

Markets and knowledge commons: Is there a difference between private and community governance of markets? Author: Erwin Dekker & Pavel …

Institutional diversity and state-led development: Singapore as a unique variety of capitalism

Institutional diversity and state-led development: Singapore as a unique variety of capitalism Author: Bryan Cheang and Hanniel Lim (2023) Published …

On the Nature and Structure of Externalities

On the Nature and Structure of Externalities Author: Pablo Paniagua & Veeshan Rayamajhee Abstract This paper contributes to the literature …

Individual Agency in Behavioral Public Policy: New Knowledge Problems

Individual Agency in Behavioral Public Policy: New Knowledge Problems Author: Malte Dold, Pomona College Abstract Taking psychology seriously in behavioral …

Organizations not Atoms: An organizational theory of development

Organizations not Atoms: An organizational theory of development Author: John Joseph Wallis *This deck of slides is based on a …

Freedom to Choose: ESG Goals & The Problem of Convenient Values

Freedom to Choose: ESG Goals & The Problem of Convenient Values Authors: Scott E. Page and Ryan Muldoon *This paper …

Institutions and Development: Markets, Ideas, and Bottom-Up Change

Institutions and Development: Markets, Ideas, and Bottom-Up Change Authors: Bryan Cheang and Tom Palmer Published by Springer   This book …

The use of algorithms in society

Read here The use of algorithms in society Author: Cass Sunstein Published by Review of Austrian Economics *This paper is …

‘Too much’ and ‘too little’ content moderation: Internet governance as a case study in advanced liberal modes of government

‘Too much’ and ‘too little’ content moderation: Internet governance as a case study in advanced liberal modes of government Author: …

Four Informational Challenges of Central Banks Today

Central banks today face four daunting informational challenges. First, they must relearn inflation control in a world with multiple complex drivers of inflation. Second, to discharge their responsibilities and enhanced lender of last resort and market maker of last resort they must learn how to value and price systemically important financial assets when markets are disorderly. Third, they must manage the ongoing digitization of the financial system – including DeFi, stablecoins, on-chain bank deposit tokens and CBDCs. Fourth, they must manage the systemic political economy uncertainty associated with the central bank’s inescapable role as a fiscal agent of the state – something that poses an unavoidable, permanent threat to central bank operational independence in the pursuit of price stability.
Centre for the Study of Governance & Society
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