Public Interest and Self-Interest in the Market and the Democratic Process

2004 ◽  
pp. 13-37 ◽  
Author(s):  
Peter Koslowski
Keyword(s):  
Public Interest ◽  
Democratic Process ◽  
Self Interest

Top-up

2019 ◽  
pp. 261-313
Author(s):  
Jean Drèze
Keyword(s):  
Social Development ◽  
Public Interest ◽  
Social Life ◽  
Urban Poverty ◽  
Electoral Politics ◽  
Caste System ◽  
The Public ◽  
Self Interest ◽  
Bullet Train ◽  
Disastrous Experience

This chapter covers a range of issues that do not fit in earlier chapters. These include urban poverty, universal basic income, the Gujarat model, electoral politics, India's bullet train, the economics of corruption, the aberrations of the caste system, and India's disastrous experience with demonetisation in late 2016. The book concludes with an extended essay on “Development and Public‐spiritedness”. This essay takes issue with the notion, common in economics, that people generally act out of self‐interest. This assumption has no theoretical or empirical basis. Public‐spiritedness, in the sense of a reasoned habit of consideration for the public interest, is a common feature of social life. Expanding the scope of public‐spiritedness is an important aspect of social development.

Conclusion

2020 ◽  
pp. 214-234
Author(s):  
Jon Elster
Keyword(s):  
Public Opinion ◽  
Public Interest ◽  
Public Domain ◽  
Social Classes ◽  
Ancien Regime ◽  
Economic Variables ◽  
The Public ◽  
Group Interest ◽  
Self Interest ◽  
Ancien Régime

This chapter emphasizes the incompleteness of knowledge on key economic variables, which is in part due to the reluctance of individuals, from all social classes, to comply with requests for information. It notes how individuals and institutions had an incentive to misreport, exaggerate, or understate their income and property. At a different level, statements by royal officials, venal magistrates, and elected deputies can rarely be taken at face value. The chapter analyzes the universal tendency of speakers or writers to disguise self-interest or group interest as the public interest. It also argues that by the end of the ancien régime, public opinion was considered a poor substitute for publicity as it is often based on rumors rather than on facts in the public domain.

NO MAN IS AN ISLAND: SELF-INTEREST, THE PUBLIC INTEREST, AND SOCIOTROPIC VOTING

2011 ◽  
Vol 23 (3) ◽  
pp. 303-319 ◽  
Author(s):  
D. Roderick Kiewiet ◽  
Michael S. Lewis-Beck
Keyword(s):  
Public Interest ◽  
The Public ◽  
Self Interest

The Earthquake Industry

1999 ◽  
Vol 15 (4) ◽  
pp. 827-833 ◽  
Author(s):  
Robert Reitherman
Keyword(s):  
Risk Reduction ◽  
Ethical Issue ◽  
Public Interest ◽  
Seismic Risk ◽  
Ethical Issues ◽  
Ethical Implications ◽  
Self Interest ◽  
Full Discussion

A recent study of the ethical implications of working in the earthquake field featured three dozen ethical scenarios, most of which posed the issue of failing to disclose earthquake risks or inadequately promoting seismic risk reduction. In that study, a common ethical issue was never mentioned, namely that “the earthquake community” is also “the earthquake industry.” Most of us who work in the earthquake field have public interest and self-interest motives, and a full discussion of ethical issues requires that we talk about both.

Self-interest, public interest, and public health

Public Choice ◽  
1991 ◽  
Vol 69 (3) ◽  
pp. 323-343 ◽  
Author(s):  
Robert D. Tollison ◽  
Richard E. Wagner
Keyword(s):  
Public Health ◽  
Public Interest ◽  
Self Interest

Public interest or self-interest? How journalism attracts future journalists

2015 ◽  
Vol 16 (2) ◽  
pp. 126-138 ◽  
Author(s):  
Ulrika Andersson ◽  
Ingela Wadbring
Keyword(s):  
Public Interest ◽  
Self Interest

Public-Regardingness as a Value Premise in Voting Behavior

1964 ◽  
Vol 58 (4) ◽  
pp. 876-887 ◽  
Author(s):  
James Q. Wilson ◽  
Edward C. Banfield
Keyword(s):  
Public Interest ◽  
Voting Behavior ◽  
Body Politic ◽  
The Body ◽  
The Public ◽  
A Value ◽  
Self Interest

Our concern here is with the nature of the individual's attachment to the body politic and, more particularly, with the value premises underlying the choices made by certain classes of voters. Our hypothesis is that some classes of voters (provisionally defined as “subcultures” constituted on ethnic and income lines) are more disposed than others to rest their choices on some conception of “the public interest” or the “welfare of the community.” To say the same thing in another way, the voting behavior of some classes tends to be more public-regarding and less private- (self- or family-) regarding than that of others. To test this hypothesis it is necessary to examine voting behavior in situations where one can say that a certain vote could not have been private-regarding. Local bond and other expenditure referenda present such situations: it is sometimes possible to say that a vote in favor of a particular expenditure proposal is incompatible with a certain voter's self-interest narrowly conceived. If the voter nevertheless casts such a vote and if there is evidence that his vote was not in some sense irrational or accidental, then it must be presumed that his action was based on some conception of “the public interest.”

scholarly journals SELF-INTEREST AND PUBLIC INTEREST: THE MOTIVATIONS OF POLITICAL ACTORS

2011 ◽  
Vol 23 (3) ◽  
pp. 339-357 ◽  
Author(s):  
Michael C. Munger
Keyword(s):  
Public Interest ◽  
Political Actors ◽  
Self Interest
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