Tag Archives: Public Choice Theory

Beacon Hill Institute Weekly Dispatch: Public Choice Explains Budget Addiction; & Other News

Congress and the President are congratulating themselves on cutting $38 billion from the upcoming federal budget. That’s an infinitesimal amount given the nation’s unsustainable budget deficit. Taking a page from Public Choice Economics, BHI Senior Economist Ben Powell (who teaches the topic at Suffolk University) explains how hard it is to cut even that much from the budget in…

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