Which of the following statements is a public choice economist most likely to agree with?
A) People who work for the federal government are naturally lazy,whereas people who work for private firms are naturally hard working.
B) Good government comes from good people,bad government comes from bad people.
C) Change the institutional arrangements,and you will change behavior.
D) Bad people naturally gravitate toward a career in politics.
E) Good people naturally gravitate toward a career in politics.

Question

Quizplus · Accepted Answer

Public choice economics is the study of how individuals and organizations make decisions about how to allocate resources through political processes. The statement that best aligns with this perspective is "Change the institutional arrangements, and you will change behavior." This statement acknowledges that individuals respond to incentives and behave strategically, and that changing the rules of the game can change their behavior.

Which of the Following Statements Is a Public Choice Economist