Unfortunately, alliance partisans acted as Public Choice economics would predict: They scrambled to save their jobs and careers.
The Florida Derby winner looked the part of the public choice in his final tuneup before the race on Saturday.
Protectionism is inefficient, subject to public choice problems, and likely to lead to our trade partners to engage in retaliatory protectionism.
And Felix Salmon provides us with a case study in how choice architecture and public choice can combine to do just that.
The education establishment is a confirmation of the public choice approach to economics for which James Buchanan was recently awarded the Nobel prize.
But public choice is not allowed to penetrate public radio culture.
Gorillaz, the animated band fronted by Blur frontman Damon Albarn, took home one of the public choice awards for best video for their track Stylo.
But he also was smart enough to see the broader implications of a public choice dynamic in which all weapons systems are built in 435 congressional districts.
FORBES: Job-Killing Politicians, Modern Military Hawks, And Hapless Central Banks
But the alternative you put forward namely, that government play a greater role in certain aspects of last-mile broadband infrastructure raises profound concerns involving transactions costs (which are intertwined with public choice theory and the economic calculation problem).
We tell you how to be a cut-rate Ted Turner by buying into a shared ranch ( Living Large on Less), how to trade off the cost of a house against the cost of private-school tuition ( Public Choice) and how to get more from your greens fees ( Golf A La Carte).
This result is so devastating that many public choice economists themselves, including the father of social choice theory Kenneth Arrow, refuse to acknowledge what it implies: The myriad paradoxes and infirmities infecting democracy prevent it from ever living up to expectations that it can be a stable and efficient means of guiding and improving society.
Public choice theory explains the incentives and behavior of the tens of thousands of government employees who work in the bowels of the Bureau of Labor Statistics, Bureau of Economic Analysis, U.S. Treasury, Office of Management and Budget, Economics and Statistics Administration, and countless other agencies who generate and massage spreadsheets day in and day out.
FORBES: Distorted Government Statistics Endanger Our Economic Health
It comes straight out of the school of public-choice economics, which says that the public sector seeks power in the same way that private companies do.
The federal government can and should play a catalytic role in affording the public fuel choice.
But in practice, the knowledge problem and public-choice problems make such an ideal bank an illusion.
FORBES: The Federal Reserve's Flawed Approach To Monetary Policy
Consider, for example, the Milwaukee public school choice program.
But they were daunted by a presenter at their top public school choice, who told hundreds of assembled parents that once sibling placements had been factored in, there were 34 available slots.
Public radio invites public-choice thinkers on its programs.
And it might have been more accurate (though duller) to call it applied public-choice economics, rather than to come down with a touch of third-way syndrome (not this, not that, but something quite new and wonderful).
The court struck down public school choice plans in Seattle, Washington, and Louisville, Kentucky, concluding they relied on an unconstitutional use of racial criteria, with the 5-4 vote reflecting the deep legal and social divide over the issue of race and education.
She quickly became the public's choice, winning the "fan favorite" prize, but coming second overall in the competition.
That's the scrappy Manhattan shop behind the pro-abortion ads that are rolling out across much of the country for the Pro-Choice Public Education Project.
Donald trump Jr and Eric Trump are public figures by choice and I am just one of thousands who had my image of them shattered.
FORBES: TMZ Is Wrong About Donald Trump Jr. and Safari Hunting
Every breach of the public engagements, whether from choice or necessity, is in different degrees hurtful to public credit.
All this argues for a change in thinking especially among the politicians who have heaped regulations onto Western public companies, blithely assuming that businessfolk have no choice but to go public in the long run.
ECONOMIST: The rise and fall of a great invention, and why it matters
All in all, I think protecting a sphere where people can exercise their choice making powers is a laudable and important public policy goal, because protecting choice can be a good way to build it, and because sometimes even bad choices are better than none.
Green MSP Alison Johnstone called for local produce to be the default choice for public food procurement.
应用推荐