Public choice theory tends to be closely associated with which philosophy of government?

Question

Quizplus · Accepted Answer

Public choice theory is closely associated with Lockean classical liberalism, which emphasizes individual freedom, limited government intervention, and a free market economy. This philosophy emphasizes that individuals act rationally and in their own self-interest, which can lead to a stable and efficient allocation of resources in a free market. Public choice theory assumes that individuals who work within government agencies and institutions act in the same self-interested way as individuals in the private sector, and therefore their decisions and actions should also be subject to analysis using economic principles.

Public Choice Theory Tends to Be Closely Associated with Which