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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

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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.

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Metadata
Title
Spontaneous Order and The Social Individual: Hayek, Democracy, and Public Choice
Author
Guinevere Liberty Nell
Copyright Year
2014
Publisher
Palgrave Macmillan US
DOI
https://doi.org/10.1057/9781137368843_4