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The COVID‐19 crisis: A public choice view

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  • Peter Zweifel

Abstract

Many observers have been puzzled by the sight of otherwise freedom‐loving citizens consenting to the stripping of their civil rights and the massive budgetary expansion of their governments in response to the COVID‐19 pandemic. Conversely, governments who ‘kept their cool’ such as those of Brazil and Sweden were heavily criticised by the Western media. Adopting James Buchanan's contractarian approach, this article seeks to model how the interplay between citizens and their government is affected by a health crisis. Citizens' increased willingness to pay for improved control of risks is found to play a major role.

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  • Peter Zweifel, 2020. "The COVID‐19 crisis: A public choice view," Economic Affairs, Wiley Blackwell, vol. 40(3), pages 395-405, October.
    • Handle: RePEc:bla:ecaffa:v:40:y:2020:i:3:p:395-405
    DOI: 10.1111/ecaf.12431
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