Abstract:
This article summarizes the main line thought of Eduardo Wiesner, who has greatly influenced Colombian public policy. Wiesner is aware of the most important discussions on contemporary economic theory and has been able to convert them into legislative proposals. He shows the importance of market incentives from different angles, without denying the central role of the institutions. His careful approach has not been reflected in the resulting laws, which end up contaminated by the simplistic spirit of technocracy. Wiesner studies the passage from individual choice to collective choice from the optic of public choice theory, and plays down the importance of the impossibilities derived from the social election theory. The article criticizes this option because it leads people to wrongly think that the market logic can be applied to a wide range of goods, including education and health.