Public Choice, the economist James M. Buchanan explained, is built on the “homely” proposition that politicians are just like the rest of us. We call this “behavioral symmetry.” They have their own interests, and they try to satisfy those interests. Furthermore, we can understand people’s behavior in the voting booth and the bureau using the same tools we use to understand their behavior in the supermarket and the boardroom.
When I lived in Memphis, I would regularly see signs for a local congressional representative proudly announcing that he was “fighting for Memphis.” Fighting who, I wondered, and for what? The answers were pretty obvious. He was fighting the rest of the country for as much as he could get from the public till. To the best of my knowledge, politicians do not generally say “no, we don’t need to spend this money in my district” or “we already have too much; let’s use these resources somewhere else.”
But most importantly, assuming people are “self-interested” does not mean they are evil, selfish, or venal. It just means they have interests other people may not share, and they do things to make them better off however they choose to define that. Public choice applies even when people are perfectly selfless as long as they disagree about what will do the most good for the world.
One wholly selfless humanitarian might think education is sorely underfunded. Another wholly selfless humanitarian might think health care is sorely underfunded. How will they vote? How will politicians who seek to curry favor with them act? Economics does not build on assumptions about the worst kind of selfishness, nor does it endorse them. It builds, rather, on the simple fact that people disagree about what is the good, the true, and the beautiful.
Indeed, standard economic models saying people “maximize consumption” work just as well if we define “consumption” in wholly other-interested ways. The “consumption” comes from the fact that resources are consumed in the process of satisfying our wants. The economic problem doesn’t change fundamentally if we assume people want to maximize everyone else’s consumption of food, clothing, and shelter rather than their own. Economics predicts, however, that people will be less careful with others’ money than their own, and experimental evidence from my Samford colleague Joy A. Buchanan and Weber State’s Gavin Roberts suggests they are.
No two people can eat the same kernel of grain, so even if you are wholly selfless there will, at any point in time, only be so much that can go around. And people who have different ideas about what is best for the poor—eat the grain now versus plant the grain and have more later—will run into the same conflicts plaguing even the most selfish among us.
Economics does not tell you anything about what your preferences should be. It develops insights based on the conviction that people have different ideas about what is good and the fact that resources are scarce. Economics per se doesn’t offer a theory of the good, the true, and the beautiful because it can’t. For that, we look to the humanities and natural sciences. Good places to enter into the Great Conversation with gratis texts include Project Gutenberg, the Online Library of Liberty, and (for audiobooks) LibriVox. Economics is an analytical framework, not a set of propositions about what is good and right. It’s a much more powerful analytical framework than we might think at first, as well: even Mother Teresa and Albert Schweitzer faced scarcity and had to allocate the resources at their disposal among competing ends.
When public choice economists invoke “behavioral symmetry,” they aren’t saying that we should assume people are evil. Rather, we should simply assume that people have different ideas about the contents of the good, the true, and the beautiful, and just as we try to maximize these in the market, we try to maximize them in the political sphere, as well.
READER COMMENTS
David Seltzer
Jan 25 2025 at 6:16pm
Art: Good stuff. My concern is the congressperson, given their own interests, who wield the Greater Good mantra. They demand other individuals ought, should and must act for what is best for the collective. The greater good fallacy opposes what is good solely for oneself. I often hear greater good arguments from collectivists and central planners who build bridges to nowhere.
Thomas L Hutcheson
Jan 25 2025 at 7:24pm
The generalization is of course true. Unfortunately public choice theorists seldom apply it to actually improving … er … public choices. Trade economists try to improve trade policy. Monetary economists have ideas about improving monetary policy. But public choice theorists?
Jon Murphy
Jan 26 2025 at 4:16pm
There are literally several journals, five Nobel Prizes, numerous books, thinktanks, policy institutes, etc that deal with this.
Knut P. Heen
Jan 27 2025 at 12:26pm
Public choice cannot be improved. You cannot delegate your own preferences to someone else with different preferences. This is the reason you hand out a shopping list when you “delegate” your shopping to someone else.
Politics is the idea that you pay taxes and get the shopping list that 50 percent voted for. It seems to me that you have to receive substantial transfers to benefit from such a system (i.e. you get the wrong stuff, but you did not pay for most of it).
Jon Murphy
Jan 28 2025 at 12:05pm
I disagree. It seems to me that one of the major lessons of public choice (or, more broadly, nonmarket decision-making) is that institutions matter. The institutional arrangements influence outcomes by altering incentives. So, getting to Roger McKinney’s point below, when incentives are aligned so that even the most vile person can act toward a common good (meaning here, to help another person), outcomes can be improved. Alternatively, when those incentives are misaligned, outcomes are made worse.
Mactoul
Jan 25 2025 at 11:31pm
But with greater drive to power, greater public spirit, greater self-importance and greater facility with deceit.
This identifies the character of the ruling element per Mosca.
Joe Potts
Jan 29 2025 at 4:24pm
Would it gain anything to say, the rest of us are much like politicians, only not quite as well? Little glory there for anyone.
Roger McKinney
Jan 27 2025 at 11:47am
The original idea of limited government came from the Christian theology of original sin that says we’re all born with a tendency to evil. So government power needs to be limited to prevent evil men who get that power from doing great damage. It doesn’t claim that people are evil. But we don’t need to fear good people abusing power, only evil ones. And power attracts evil people.
The atheist David Hume was wiser than most Christians when he wrote that we should consider all politicians to be knaves and give them the appropriate power.
Mactoul
Jan 28 2025 at 3:36am
Governments pre-Enlightenment were limited, in general, everywhere. They did not aim at improving their subjects in multifarious ways common to modern times where the spirit of reform and improvement runs amok.
It has to do with the lack of Enlightenment notion of perfectiblity of mankind. A theology, to be sure, but which was held world wide.
Jon Murphy
Jan 28 2025 at 12:08pm
Have you read the book Inventing the Individual by Larry Siedentop? It’s a great book (although I think he sometimes overstates his argument), but he’d agree with you. Not only that, he argues that the very concept of the individual derives from the Christian conception of the soul and redemption.
Joe Potts
Jan 29 2025 at 3:48pm
Friedrich Hayek explained it all 80 years ago in The Road to Serfdom, chapter “Why the Worst Get on Top.”
Mactoul
Jan 31 2025 at 1:12am
Hayek’s analysis was limited to socialism. In order to make a centrally planned economy work, more and more rigorous measures are needed. The situation calls for more and more ruthless individuals.
But socialist governments are a very modern phenomena. Surely public choice theory is not limited to them,
Bill Service
Jan 30 2025 at 1:39pm
I’ve read much of Dr. Carden’s work and he is always spot on when you get his point. Two points: we all value different things and even when we value the same things we often value them differently; if it’s spent (or used) here’s it can’t be spent there and it came from somewhere.
Thomas L Hutcheson
Feb 1 2025 at 11:34pm
I keep waiting for PC people to put the theory to work in better policy design.
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