Public Choice Theory

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August 31, 2024 4 min read Definitions
Public Choice Theory: Analyzing Political Decision-Making
Economics Political Science Public Choice Theory Political Economics Self-Interest Decision Making Government Policies
Public Choice Theory is a framework suggesting that individual self-interest, rather than collective welfare, often governs political decision-making.
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August 24, 2024 4 min read Definitions
James M. Buchanan Jr.: Architect of Public Choice Theory and Nobel Laureate
Economics History James M. Buchanan Jr. Public Choice Theory Nobel Prize in Economics American Economists Economic Theories
Comprehensive overview of James M. Buchanan Jr., an American economist known for his pioneering work in public choice theory and recipient of the 1986 Nobel Prize in Economics.
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