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An Economic Theory of Political Action in a Democracy

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TLDR
For example, this article argued that the private sector is a self-regulating mechanism and that any government action beyond maintenance of law and order is "interference" with it rather than an intrinsic part of it.
Abstract
IN SPITE of the tremendous importance of government decisions in every phase of economic life, economic theorists have never successfully integrated government with private decision-makers in a single general equilibrium theory. Instead they have treated government action as an exogenous variable, determined by political considerations that lie outside the purview of economics. This view is really a carry-over from the classical premise that the private sector is a self-regulating mechanism and that any government action beyond maintenance of law and order is "interference" with it rather than an intrinsic part of it.2 However, in at least two fields of economic theory, the centrality of government action has forced economists to formulate rules that indicate how government "should" make decisions. Thus in the field of public finance, Hugh Dalton states:

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Journal ArticleDOI

Political Awareness, Microtargeting of Voters, and Negative Electoral Campaigning

TL;DR: In this paper, the authors study the effect of microtargeting on voters' ability to reason about candidates' political positions and show that if voters have full awareness of issues and complete information of policy points, then any prudent rationalizable election outcome is the same as if they have complete information and complete knowledge of issues, both in parliamentary and presidential elections.
Journal ArticleDOI

Do Institutions Affect Citizens' Selection into Politics?

TL;DR: In this paper, the authors review the emerging literature which investigates institutional conditions that impact the selection of politicians and argue that further comparative analyses are essential in order to gain an improved understanding of the impact that institutions have on political outcomes.
Journal ArticleDOI

Les barrières à la mise en œuvre des politiques d’adaptation au changement climatique: le cas de la Suisse

TL;DR: In this article, the authors examined to what extent the perceptions of political actors might hinder the development of adaptation policies in the Swiss case using computer aided textual analysis and found that adaptation is still not perceived as an important dimension of climate change policy.
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Political Consumerism as a Neoliberal Response to Youth Political Disengagement

TL;DR: In this paper, the authors argue that there has been a simultaneous interest by many young citizens in political consumerism and that this interest is shaped as a response to the individualisation and strict "economism" driven by the underlying forces of neoliberalism.
Book

Institutional and Organizational Analysis: Concepts and Applications

TL;DR: In this article, the authors introduce the concepts and applications of institutional and organizational analysis using economic history, economics, law, and political science to inform its theoretical framework, and reveal the lessons to be learned from it for business, law and public policy.