Home
/
RELIGION & LIBERTY ONLINE
/
A Public Choice Primer
A Public Choice Primer
Aug 28, 2026 1:04 AM

Amity Shlaes, a senior fellow in economic history at the Council on Foreign Relations, has an excellent primer on public choice in the August 3 edition of Forbes, “The New PC.” Shlaes is also the author of the 2007 book, The Forgotten Man: A New History of the Great Depression.

Shlaes, who will be featured in the ing issue of Religion & Liberty, writes, “Government reformers view themselves as morally superior, but that is an illusion. They are just like private-sector operators, who do things that are in their own interest, not society’s. Those things include taking advantage of an economic crisis to aggregate power for themselves and their offices.” She goes on to point out five specific instances of recent government action that fits the public choice paradigm.

I have no doubt that many enter politics with good intentions. Some even follow through on those intentions and work for their constituencies. But a precious few remain uncontaminated and uncorrupted by the temptations that political power offers.

This reality is a strong argument in favor of term limits. Even though the individual constiuencies might lose out by replacing older, more senior representatives, who have garnered the most powerful appointments and consolidated the most influence, it has the happy consequence of putting caps on political clout. Every so often the slate is rubbed clean and alliances, power partnerships, and appointments need to be rebuilt.

Anything that puts an absolute ceiling on an individual politician’s power seems like a step in the right direction. Of course, an unintended consequence is that with the sundown of their political career always in view, an individual politician will be just that much more focused on greasing the skids to fy private sector job after the term e into effect.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
A World Without Work: Where Civilization Slowly Melts Away
In his latest column, Ross Douthat contemplates what a world without work might look like: Imagine, as 19th-century utopians often did, a society rich enough that fewer and fewer people need to work — a society where leisure es universally accessible, where part-time jobs replace the regimented workweek, and where living standards keep rising even though more people have left the work force altogether. If such a utopia were possible, one might expect that it would be achieved first among...
The FAQs: The Sequester
Another week, another Congress-created budget crisis. First it was the sovereign debt crisis, then the fiscal cliff crisis, and now the sequester crisis. Here’s what you need to know about the sequester. What exactly is the sequester? In August 2011 Congress passed the Budget Control Act (BCA) to prevent the sovereign default that could have resulted from the 2011debt ceiling crisis. The BCA not only created the Joint Select Committee on Deficit Reduction (aka the mittee”) but stipulated that if...
Is America Becoming Europe? A Whiteboard
Samuel Gregg’s book ing Europe details the faltering economies of many European nations, and offers a prescription of how and why America can avoid the same fate. Encounter Books has produced the following whiteboard to illustrate the book’s main points. ...
The Moral Elephant in Black America’s Room
One has to wonder how Dr. Martin Luther King, Jr. would respond to the state of black America in 2013. From the nonsense that regularly spews from the mouth of rappers like Lil Wayne to the black-on-black violence that continues to plague many black urban and rural neighborhoods, we are moving further away from King’s dream. Did MLK die so that rappers like Lil Wayne could saturate their music with misogyny and materialism? Did MLK die so that young black...
Trade, Aid, and Bumper Sticker Strategy
In the ing issue of Comment magazine, I examine how free trade orients us towards the good of others. In doing so, I argue against the value of pious banalities and cheap slogans. I include examples like, “Go in peace; keep warm and well fed,” or, “When goods do not cross borders, armies will.” The latter is often attributed to Bastiat, and while it captures the spirit, if not the letter of Bastiat’s views, the closest analogue is actually found...
PovertyCure: Lasting Solutions to Poverty
PovertyCure was featured in Forbes Magazine last week. Alex Chafuen, one of Acton’s founding board members, featured PovertyCure in his article on champions of innovation. He writes: A new multifaceted initiative, called PovertyCure, provides abundant materials and resources for those who want to create lasting solutions to poverty. The program is founded on the conviction that each human person can be a source of great creativity. It highlights the incentives needed to unleash the entrepreneurial spirit that fills the developing...
A High-Tech Base for Acton’s Free Market Mission
The Acton Institute, founded 23 years ago, is ready to move into its new home in the heart of Grand Rapids, MI. Not only will Acton have more room for events, visiting scholars, and conferences, the new building boasts the best in technological innovations, while seeking SERF (Society of Environmentally Responsible Facilities) certification for its re-use and recycling of the original historic building at 98 E. Fulton. According to : The $7 million remodeling project creates a lecture hall, conference...
Innovation is a Moral Obligation
Innovation is an ethical matter through and through, says Chris MacDonald, because ethics is fundamentally concerned with anything that can promote or hinder human wellbeing. Innovation is generally a good thing, ethically, because it is aimed at allowing us to do new and desirable things. Most typically, that gets expressed in the painfully vague ambition to ‘raise productivity.’ Accelerating our rate of innovation is a worthy policy objective because we want to be more productive as a society, to increase...
Governing as Crisis Manager-in-Chief
George Washington knew a thing or two about leadership during a crisis. Arguably one of the greatest military leaders in modern history, he was chosen as president of a new nation, one with a idealistic notion of liberty. He was also acutely aware that a cohesive nation was a calm one, and that governing required order and unity: The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is...
Benedict XVI: Magnanimity in an Age of Self-Promotion
Since Benedict’s resignation we’ve been treated to almost two weeks of conspiracy mongering about the “real” reasons behind Pope Benedict XVI’s decision to step down. It’s been everything from Piers Morgan’s ceaseless yammering about his “doubts” to theories about the pope hiding out in the Vatican in fear of an arrest warrant issued by “unknown European” entities concerning clergy sexual misconduct, and still lingering hope among some that this time it really was the butler who did it. Yet, if...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved