Post #4427678
2026-08-07 08:48 UTC
#PublicChoiceTheory "If self-interest shapes our choices in a shop, it almost certainly shapes our choices in a government office too." ... "James Buchanan received the Nobel Prize in Economics in 1986. His work emphasised that the rules and institutions within which decisions are made matter just as much as the decisions themselves. If individuals will always pursue their self-interest, then the answer is not to wish for better people but to design better rules." https://polsci.institute/perspectives-public-administration/public-choice-theory-fundamentals/
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