2014 | OriginalPaper | Chapter
Spontaneous Order and The Social Individual: Hayek, Democracy, and Public Choice
Author : Guinevere Liberty Nell
Published in: Austrian Economic Perspectives on Individualism and Society
Publisher: Palgrave Macmillan US
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
Assumptions about self-interest underlie much of economic analysis; what would happen if human nature or culture changed, perhaps became more enlightened as discussed by Nell (this volume), and voters began to vote more for the common good than their own personal interests, and representatives began to care more about doing what is right than about personal payoffs? This would result in the end of “public choice” economics and the Austrian analysis that relies on it.