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The Soul of Enterprise: Business in the Knowledge Economy
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The Soul of Enterprise: Business in the Knowledge Economy

Friday at 1 PM Pacific

May 15th 2015:Public Choice Theory

Winston Churchill said, "Democracy is the worse form of government...except for all the others." In this episode, Ron and Ed will examine Public Choice Theory, which describes the extension of analysis to the political alternatives to markets. Many commentators talk about "market failure," but far fewer ever even mention government failure. Public choice theory sheds light on how government employees face incentives as much as employees in the private markets, and how these incentives can create bad policies, costly regulations, and other negative consequences.

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https://www.voiceamerica.com/show/2347/the-soul-of-enterprise-business-in-the-knowledge-economy 23/10/2017 11:00 23/10/2017 12:00 The Soul of Enterprise: Business in the Knowledge Economy https://www.voiceamerica.com/show/2347/the-soul-of-enterprise-business-in-the-knowledge-economy Winston Churchill said, "Democracy is the worse form of government...except for all the others." In this episode, Ron and Ed will examine Public Choice Theory, which describes the extension of analysis to the political alternatives to markets. Many commentators talk about "market failure," but far fewer ever even mention government failure. Public choice theory sheds light on how government employees face incentives as much as employees in the private markets, and how these incentives can create bad policies, costly regulations, and other negative consequences. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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