Tag Archive: public choice

Feb
28

Political Game Theory: Why no one likes what comes out of Washington

The field of Public Choice extends the study of economics to governments.  It assumes that people in government behave the same as do people in the private sector.  By behave the same, they (according to Steven Horwitz) mean that people have intentions, use information, respond to incentives, and act in accordance to institutional rules set …

Continue reading »

Permanent link to this article: http://wkubbtcenter.com/2013/02/28/political-game-theory-why-no-one-likes-what-comes-out-of-washington/