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Is Public Choice Still Vivid?

Public Choice does not seem any longer to be a vivid part of the academic literature. The newly introduced version called “Political Economics” partly takes up some of the aspects previously discussed in Public Choice. Whether this new version of political economy has much, or any, impact on economi...

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Detalles Bibliográficos
Autor principal: Frey, Bruno S.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9178935/
http://dx.doi.org/10.1007/s41412-022-00123-w
Descripción
Sumario:Public Choice does not seem any longer to be a vivid part of the academic literature. The newly introduced version called “Political Economics” partly takes up some of the aspects previously discussed in Public Choice. Whether this new version of political economy has much, or any, impact on economics or political decisions is open. In real life, the ideas contained in Public Choice are more important than ever. Future generations of economists and social scientists may well come back to the important insights gained. This may take considerable time. Public Choice Scholars, therefore, have the important task to stick to their convictions.