The Nepali Economist

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

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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

    5. If you have any comments or feedback for me, please email me at [email protected] .


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    The Nepali EconomistBy Surath Giri
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