Mises Wire

Buchanan: What Is Public Choice?

Buchanan: What Is Public Choice?

Nice summary statement by James Buchanan, that also references Mises (Policy): “Public choice, as an inclusive research programme, incorporates the presumption that persons do not readily become economic eunuchs as they shift from market to political participation. Those who respond predictably to ordinary incentives in the marketplace do not fail to respond at all when they act as citizens.” (Link courtesy of TG)

 

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