Monday, October 17, 2016

21 October 2016: Public choice theory: a story of the ideas

Kumar Anand
Free A Billion, Mumbai

Abstract:
Public Choice Economics uses the insights of economics to explain political processes such as elections and bureaucracy. It explains that the probability of "market failure" must be compared with the probability of "government failure", in order to make rational choices about what should be done by governments and what should be done by markets.

This session introduces the field of Public Choice and its origins. This is a talk where we take a closer look at the history of ideas in Public Choice, how it developed over the last three centuries, who were the thinkers, what were the building blocks that were introduced, and what present day public policy relevance does the theory has for us.

Date: October 21, 2016
Time: 03:00 P.M.

Venue:
Conference Hall, Ground Floor
R&T Building
National Institute of Public Finance and Policy,
18/2 Satsang Vihar Marg, Special Institutional Area,
New Delhi-110067(INDIA)

Location:

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Note:
Those who are interested may please confirm your participation at bins.sebastian@nipfp.org.in

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