The theory of public choice helps explain why we get stuck with so many bad economic policies. Or does it?
By Doug Campbell
Brady, Gordon, Arthur Seldon, and Gordon Tullock. Government Failure: A Primer in Public Choice. Washington, D.C.: Cato Institute, 2002.
Buchanan, James M., and Gordon Tullock. The Calculus of Consent: Logical Foundations of Constitutional Democracy. Ann Arbor, Mich.: University of Michigan Press, 1962.