05: The Public Choice Theory (राजनीतिज्ञहरू किन भ्रष्ट हुन्छन् ?)

Welcome to the fifth episode!

In this episode, I discuss the Public Choice Theory, aka the economic way of thinking about politics. I talk about the theory, its implications, some examples from the US and Nepal. I also talk about the concept of Baptists and Bootleggers proposed by economist Bruce Yandle. Happy listening!

Reference Materials:

1. Public Choice Theory by Jane S. Shaw
2. Pigs Don't Fly: The Economic Way of Thinking about Politics by Russell Roberts
3. The Calculus of Consent: Logical Foundations of Constitutional Democracy by James M. Buchanan and Gordon Tullock
4. Bootleggers & Baptists: How Economic Forces and Moral Persuasion Interact to Shape Regulatory Politics by Bruce Yandle & Adam Smith

If you have any comments or feedback for me, please email me at nepalieconomist@gmail.com .