A subjectivist�s solution to the limits of public choice

• Autores: Anthony J. Evans
• Localización: Review of Austrian Economics, ISSN-e 1573-7128, Vol. 27, Nº. 1, 2014, págs. 23-44
• Idioma: inglés
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• Resumen

  • In light of Wittman (1995) and Caplan (2007) this paper contends that the rational-choice approach to political science (�Public Choice theory�) has reached a dead end. By critiquing their treatment of rationality, knowledge assumptions, and views of the democratic process, an alternative is presented based on the core insight of the �Epistemic Primacy Thesis�. This subjectivist approach to political economy is introduced in light of an existing debate between the compatibility (or otherwise) of Austrian economics and Public Choice theory.