Did Buchanan's theories suggest politicians were always self-interested?
No
Yes
In some instances
Only in non-democratic systems
Answer
Buchanan argued that self-interest is the driving force behind political decisions. He believed that politicians were rational actors who would always choose the course of action that best served their own interests. This theory has been used to explain a variety of political phenomena, such as the rise of special interest groups and the increasing influence of money in politics.
The Mind of Economics: Unleashing the Legacy of James M. Buchanan
More Questions
According to Buchanan's work, do politicians primarily seek monetary-wealth maximization?
Did James M. Buchanan have any other affiliations beside academia?
What school of economic thought is Buchanan associated with?
According to the public choice theory, are politicians generally altruistic?
On what date did James M. Buchanan pass away?
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