Public Choice or the Logic and Illogic of Collective Action

Randy Simmons presents in this lesson the differences between markets and politics, which are parallel systems for achieving our goals. While in markets, individuals pursue their self-interests and goals, politics is the arena of collective action, where individuals choose with others and in some cases, for others. Simmons makes a comparison between the private and … Sigue leyendo Public Choice or the Logic and Illogic of Collective Action