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Public Choice in the Big Sky

In: Public Choice, Past and Present

Author

Listed:
  • John Baden

    (Foundation for Research on Economics and the Environment)

Abstract

The dominant theme of this chapter explains how public choice theory, with Gordon and Jim’s counsel and support, led to the development of the New Resource Economics. This initially occurred at Montana State University in the early 1970s but has spread beyond America, largely through academic publications, meetings, and contacts with the Mont Pelerin Society. The secondary but consistent idea involves the application of public choice to the operation of universities. The pathologies that caused Buchanan and Tullock to leave the University of Virginia were not aberrations. Rather, they are predictable consequences of the organization and reward structures of American universities. Public choice helps explain the causal mechanisms of bias and recognition in universities. Knowledge of public choice increases the ability to separate hopes and expectations. It fosters a wholesome, rewarding, and satisfying life while enmeshed in a university setting.

Suggested Citation

  • John Baden, 2013. "Public Choice in the Big Sky," Studies in Public Choice, in: Dwight R. Lee (ed.), Public Choice, Past and Present, edition 127, chapter 0, pages 169-183, Springer.
    • Handle: RePEc:spr:stpchp:978-1-4614-5909-5_12
    DOI: 10.1007/978-1-4614-5909-5_12
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