Authors libby rittenberg 832
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public interest theory or the public choice theory of government
action.
1. “It is possible to explain much government activity by investigating
the public’s demand for government services, but one should not
ignore the incentives for increased supply of government services.”
2. “Through careful application of cost-benefit analysis, we can identify
the amount of a public good that should be provided by the
government.”
3. “The determination of what are merit or demerit goods is inherently
political rather than scientific and more often than not can be traced
to the efforts of groups with an ax to grind or some private motive to
pursue.”
4. “While it is possible that policy makers follow some well-reasoned-out
application of ability-to-pay or benefit-received principles, it is more
credible to recognize that many of the taxes in this country reflect the
fact that groups find it in their interest to organize to get tax burdens
shifted to others.”
5. “It is in the public interest to correct the market failure caused by
monopoly firms. Therefore, it behooves us to do so.”
Case in Point: The Presidential Election of
2000
Public opinion polls on the eve of the election between George W. Bush and
Al Gore showed the race to be a toss-up. Ordinarily, one might expect this
to produce a large turnout. But barely more than half—50.7%—of
registered voters went to the polls.
Attributed to Libby Rittenberg and Timothy Tregarthen
Saylor URL: />
Saylor.org
832
