SELF-INTEREST AND PUBLIC INTEREST: THE MOTIVATIONS OF POLITICAL ACTORS

@inproceedings{Munger2011SELFINTERESTAP,
  title={SELF-INTEREST AND PUBLIC INTEREST: THE MOTIVATIONS OF POLITICAL ACTORS},
  author={Michael C. Munger},
  year={2011}
}
ABSTRACT Self-Interest and Public Interest in Western Politics showed that the public, politicians, and bureaucrats are often public spirited. But this does not invalidate public-choice theory. Public-choice theory is an ideal type, not a claim that self-interest explains all political behavior. Instead, public-choice theory is useful in creating rules and institutions that guard against the worst case, which would be universal self-interestedness in politics. In contrast, the public-interest… CONTINUE READING