Spontaneous Order and The Social Individual: Hayek, Democracy, and Public Choice

Guinevere Liberty Nell

Chapter Chapter 3 in Austrian Economic Perspectives on Individualism and Society, 2014, pp 47-79 from Palgrave Macmillan

Abstract: Abstract 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.

Keywords: Public Choice; Human Nature; Common Good; Hard Core; Austrian Economic (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36884-3_4

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DOI: 10.1057/9781137368843_4

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