The Invisibility Factor: The Limits of Public Choice Theory and Public Institutions
Washington University Law Quarterly, Vol. 74, No. 179 (1996)
44 Pages Posted: 20 Jul 2014
Date Written: 1996
Abstract
This Article's thesis is that because public choice theory underestimates the ability of the majority to influence the political process, it is of limited use as a predictive tool. More specifically, this Article suggests that in certain circumstances, public choice theory incorrectly predicts whether a special interest group can successfully pass its legislation. This Article examines this thesis in the context of state education funding reform and hows that public choice theory would have incorrectly predicted some recent legislative responses in that area.
Suggested Citation: Suggested Citation